Form 4: Booz Allen Hamilton EVP Matthew Calderone Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Matthew Calderone, EVP & Chief Financial Officer of Booz Allen Hamilton Holding Corp, sold 4,065 shares of Class A Common Stock at $165 per share on October 24, 2024, under a pre-arranged trading plan.
Summary
- On October 24, 2024, Matthew Calderone, the EVP & Chief Financial Officer of Booz Allen Hamilton Holding Corp, sold 4,065 shares of Class A Common Stock.
- The sale was executed at a price of $165 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on June 5, 2024.
- Following the transaction, Calderone directly owns 29,618 shares, which includes restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating an insider stock sale. It's neutral in sentiment as it simply reports a transaction.
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 shareholders, although the use of a 10b5-1 plan mitigates concerns about insider information.
Key Dates
| Date | Description |
|---|---|
| June 5, 2024 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| October 24, 2024 | Date of the transaction (sale of shares) |
| October 28, 2024 | Date of the Form 4 filing |
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