Form 4: Booz Allen Hamilton EVP Matthew Calderone Sells Shares
SEC Form 4 Filing
Matthew Calderone, EVP & Chief Financial Officer of Booz Allen Hamilton Holding Corp, sold 3,865 shares of Class A Common Stock at $160 per share on September 23, 2024.
Summary
- On September 23, 2024, Matthew Calderone, the EVP & Chief Financial Officer of Booz Allen Hamilton Holding Corp, sold 3,865 shares of Class A Common Stock.
- The sale was executed at a price of $160 per share.
- Following the transaction, Calderone directly owns 33,683 shares, which includes restricted stock units.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on June 5, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific non-public information, resulting in a neutral sentiment.
Industry Context
Insider sales are a common occurrence, and the use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific non-public information.
Stakeholder Impact
- The sale of shares by a high-ranking executive could be perceived negatively by some investors, although the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| June 5, 2024 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| September 23, 2024 | Date of transaction: sale of 3,865 shares of Class A Common Stock |
| September 25, 2024 | Date of Form 4 filing |
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