Form 4: Arrowhead Pharmaceuticals Executive James C. Hamilton Reports Sale of 6,000 Shares

Sentiment:

SEC Form 4 Filing


James C. Hamilton, Chief Discovery/Translational Medicine at Arrowhead Pharmaceuticals, sold 6,000 shares of common stock on April 1, 2024, at a weighted average price of $28.03.

Summary

  • On April 1, 2024, James C. Hamilton, Chief Discovery/Translational Medicine at Arrowhead Pharmaceuticals, sold 6,000 shares of the company's common stock.
  • The sale was executed at a weighted average price of $28.03 per share, with individual transactions ranging from $27.97 to $28.10.
  • Following the transaction, Hamilton directly owns 204,851 shares of Arrowhead Pharmaceuticals, which includes shares underlying Restricted Stock Units subject to vesting conditions.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. The sale itself doesn't necessarily indicate a negative outlook for the company, as executives may sell shares for various personal financial reasons.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common occurrence.

Key Dates

DateDescription
04/01/2024Date of the stock sale transaction
04/03/2024Date of Form 4 filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.