Form 4: Booking Holdings CEO Glenn Fogel Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Booking Holdings CEO Glenn Fogel executed sales of company stock on June 17, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- Glenn D Fogel, CEO and President of Booking Holdings Inc., sold shares of common stock on June 17, 2024.
- The sales were executed under a pre-arranged 10b5-1(c) sales plan adopted on March 10, 2022.
- A total of 574 shares were sold at prices ranging from $3,854.80 to $3,955.84.
- The transactions resulted in a decrease in Fogel's direct holdings of Booking Holdings common stock, with the remaining amount beneficially owned following reported transactions being 25,471 shares.
- The sales were reported on a Form 4 filing with the Securities and Exchange Commission (SEC).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock sales by an insider under a pre-existing plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Insider sales are a common occurrence, and the use of a 10b5-1 plan suggests the sales were pre-planned and not based on current market information.
Stakeholder Impact
- The stock sales could have a minor impact on shareholder sentiment, but the pre-planned nature of the sales mitigates concerns about insider information.
Key Dates
| Date | Description |
|---|---|
| March 10, 2022 | Date the 10b5-1(c) sales plan was adopted. |
| June 17, 2024 | Date of the stock sale transactions. |
| June 18, 2024 | Date of the Form 4 filing. |
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