Form 4: Booz Allen Hamilton Executive Vice President Richard Crowe Sells Shares
SEC Form 4 Filing
Executive Vice President Richard Crowe of Booz Allen Hamilton Holding Corp. sold 4,243 shares of Class A Common Stock on October 24, 2024, at a price of $165 per share.
Summary
- Richard Crowe, an Executive Vice President at Booz Allen Hamilton Holding Corp, sold 4,243 shares of Class A Common Stock on October 24, 2024.
- The sale was executed at a price of $165 per share.
- Following the transaction, Crowe beneficially owns 25,496 shares, which includes restricted stock units.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on March 4, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It doesn't indicate positive or negative outlook for the company.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects. Rule 10b5-1 plans are designed to allow insiders to trade without being accused of trading on non-public information.
Stakeholder Impact
- The sale could have a minor negative impact on shareholder sentiment, although it is likely insignificant given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| March 4, 2024 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| October 24, 2024 | Date of the stock sale transaction |
| October 28, 2024 | Date of the Form 4 filing |
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