Form 4: AdvanSix SVP, General Counsel Achilles B. Kintiroglou Reports Stock Sale

Achilles B. Kintiroglou, SVP and General Counsel of AdvanSix Inc., reported the sale of company stock on April 1, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Achilles B. Kintiroglou, SVP and General Counsel of AdvanSix Inc., filed a Form 4 with the SEC.
• The report details the sale of AdvanSix Inc. common stock on April 1, 2024.
• A total of 4,000 shares were sold in two transactions.
• 3,900 shares were sold at a weighted average price of $27.67.
• 100 shares were sold at a price of $28.53.
• Following the transactions, Kintiroglou directly owns 38,996 shares of AdvanSix Inc. common stock.
• The sale was executed under a Rule 10b5-1 trading plan adopted on November 9, 2023.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by an executive, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to use Rule 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely minimal given the relatively small volume of shares sold by the SVP, General Counsel.

Key Dates