Form 4: Artivion VP Regulatory Andrew Green Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Andrew M. Green, VP Regulatory at Artivion, Inc., sold 3,994 shares of common stock at $20 per share on March 14, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- On March 14, 2024, Andrew M. Green, VP Regulatory at Artivion, Inc., sold 3,994 shares of the company's common stock.
- The sale was executed at a price of $20 per share.
- The transaction was conducted under a 10b5-1 trading plan adopted on December 14, 2023.
- Following the transaction, Green directly owns 42,583 shares of Artivion common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale under a pre-arranged trading plan. It doesn't necessarily indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of a transaction by a company insider. It is common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of insider trading.
Key Dates
| Date | Description |
|---|---|
| 12/14/2023 | Date the reporting person adopted the 10b5-1 trading plan |
| 03/14/2024 | Date of the stock sale transaction |
| 03/15/2024 | Date of the signature on the SEC Form 4 filing |
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