Form 4: Aptiv PLC Director Nancy E. Cooper Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Director Nancy E. Cooper sold 394 and 399 shares of Aptiv PLC on June 12 and 13, 2024, respectively, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Nancy E. Cooper, a director of Aptiv PLC, reported the sale of company stock.
- On June 12, 2024, she sold 394 ordinary shares at a price of $76.98 per share.
- On June 13, 2024, she sold 399 ordinary shares at a price of $75.04 per share.
- These transactions were executed under a Rule 10b5-1 trading plan adopted on March 14, 2024.
- Following these sales, Cooper directly owns 13,237 ordinary shares of Aptiv PLC.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock sales by a company director. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Sales by company directors are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects. Rule 10b5-1 plans allow insiders to sell shares at predetermined times and prices to avoid accusations of insider trading.
Stakeholder Impact
- The sale of shares by a director could have a minor, short-term impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date the reporting person adopted a Rule 10b5-1 trading plan |
| 06/12/2024 | Date of first reported transaction: sale of 394 ordinary shares at $76.98 |
| 06/13/2024 | Date of second reported transaction: sale of 399 ordinary shares at $75.04 |
| 06/14/2024 | Date of report filing |
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