Form 4: AMC Networks EVP & CFO Patrick O'Connell Sells Shares
SEC Form 4
Patrick O'Connell, EVP & CFO of AMC Networks Inc., sold 8,000 shares of Class A Common Stock on May 14, 2024.
Summary
- Patrick O'Connell, the EVP & Chief Financial Officer of AMC Networks Inc., sold shares of the company's Class A Common Stock on May 14, 2024.
- He sold 5,000 shares at a price of $15.77 per share and 3,000 shares at a price of $15.723 per share.
- Following these transactions, O'Connell directly owns 11,459 shares of AMC Networks Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: The document simply reports a stock sale by an executive, which is a neutral event. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects, although they don't always indicate a negative outlook.
Stakeholder Impact
- The stock sale could potentially influence shareholder perception of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of stock sale transactions |
| 05/15/2024 | Date of Form 4 filing |
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