Form 4: Allegiant Travel CO COO Sells Shares
SEC Form 4
Keny Frank Wilper, COO of Allegiant Travel CO, sold 875 shares of common stock at a price of $56.5 on May 15, 2024.
Summary
- On May 15, 2024, Keny Frank Wilper, the COO of Allegiant Travel CO, sold 875 shares of the company's common stock.
- The sale price was $56.5 per share.
- Following the transaction, Wilper directly owns 10,422 shares of Allegiant Travel CO.
Sentiment
Score: 5
Explanation: Neutral. This is a standard disclosure of an insider stock sale. The size of the sale is relatively small compared to the total holdings, suggesting it's unlikely to be driven by significant negative sentiment.
Industry Context
This is a routine disclosure of an insider stock sale. It's important to monitor insider transactions as they can sometimes provide insights into management's perspective on the company's future prospects, but one sale is not necessarily indicative of a trend.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by shareholders, potentially leading to a slight decrease in stock value.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: COO Keny Frank Wilper sold 875 shares of Allegiant Travel CO common stock. |
| 05/17/2024 | Date of signature on the Form 4 filing. |
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