Form 4: Allegiant Travel CO COO Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Keny Frank Wilper, COO of Allegiant Travel CO, sold 403 shares of common stock at $39.17 per share on August 19, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- On August 19, 2024, Keny Frank Wilper, the COO of Allegiant Travel CO, sold 403 shares of the company's common stock.
- The sale was executed at a price of $39.17 per share.
- The transaction was conducted under a pre-arranged 10b5-1 trading plan.
- Following the sale, Wilper directly owns 9,759 shares of Allegiant Travel CO.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document reports a routine stock sale by an executive under a pre-arranged plan, indicating a neutral sentiment.
Industry Context
Sales by company executives are a normal part of corporate governance. The use of a 10b5-1 trading plan suggests the sale was pre-planned and not based on any inside information.
Stakeholder Impact
- The sale of shares by a company executive could have a minor negative impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Date of stock sale transaction |
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