Form 4: AMC Networks Executive Kimberly Kelleher Sells Shares
SEC Form 4 Filing
Kimberly Kelleher, Chief Commercial Officer of AMC Networks Inc., sold 10,941 shares of Class A Common Stock on May 23, 2024.
Summary
- On May 23, 2024, Kimberly Kelleher, the Chief Commercial Officer of AMC Networks Inc., sold 10,941 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $17.22 per share, with individual transactions occurring between $17.20 and $17.25.
- Following the transaction, Ms. Kelleher continues to beneficially own an unspecified amount of AMC Networks Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey 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 can be driven by personal financial planning needs.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of the stock sale transaction |
| 05/27/2024 | Date of signature by attorney-in-fact |
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