Form 4: Alpha Metallurgical Resources Director David J. Stetson Sells Shares
SEC Form 4 Filing
Director David J. Stetson sold shares of Alpha Metallurgical Resources, Inc. on February 28, 2024, according to a Form 4 filing with the SEC.
Summary
- On February 28, 2024, David J. Stetson, a director of Alpha Metallurgical Resources, Inc., sold a significant number of shares of the company's common stock.
- The sales were executed at various prices ranging from $385.125 to $432 per share.
- The total number of shares sold was approximately 28,000.
- Following these transactions, Stetson directly owns 26,054 shares of Alpha Metallurgical Resources, Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of insider selling. The impact on sentiment depends on the context and the investor's interpretation.
Industry Context
Insider sales are common and can be for various reasons, including personal financial planning. However, significant insider selling can sometimes be interpreted negatively by the market.
Stakeholder Impact
- Shareholders may react to the news of insider selling, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of the stock sale transactions |
| 03/01/2024 | Date of signature on the Form 4 filing |
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