Form 4: AECOM CFO Gaurav Kapoor Sells $4.88 Million in Common Stock
SEC Form 4 Filing
Gaurav Kapoor, CFO of AECOM, executed a sale of 42,400 shares of common stock at an average price of $115.34, totaling approximately $4.88 million.
Summary
- On November 6, 2024, Gaurav Kapoor, the Chief Financial Officer of AECOM, sold 42,400 shares of AECOM common stock.
- The sale was executed at a weighted average price of $115.34 per share.
- The total value of the shares sold is approximately $4.88 million.
- Following the transaction, Kapoor directly owns 31,228 shares of AECOM common stock.
- Kapoor also indirectly owns 51.35 shares through the AECOM Retirement & Savings Plan (RSP) held by Merrill Lynch.
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 27, 2023.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an insider under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Insider sales are a common occurrence, and the use of a pre-arranged Rule 10b5-1 trading plan suggests the sale was planned and not based on any specific non-public information.
Stakeholder Impact
- The sale could have a minor negative impact on shareholder sentiment, although the use of a 10b5-1 plan mitigates concerns about insider information.
Key Dates
| Date | Description |
|---|---|
| 2023-03-27 | Date of adoption of Rule 10b5-1 trading plan |
| 2024-11-06 | Date of stock sale transaction |
| 2024-11-07 | Date of signature on Form 4 filing |
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