Form 4: Brookdale Senior Living Director Sells 10,000 Shares Under 10b5-1 Plan
SEC Form 4 Filing
Lee S. Wielansky, a director of Brookdale Senior Living Inc., sold 10,000 shares of common stock at an average price of $6.8235 on May 19, 2025, under a pre-arranged trading plan.
Summary
- On May 19, 2025, Lee S. Wielansky, a director of Brookdale Senior Living Inc., sold 10,000 shares of common stock.
- The sale was executed automatically under a Rule 10b5-1 trading plan adopted on December 6, 2024.
- The shares were sold at a weighted average price of $6.8235, with individual trades ranging from $6.795 to $6.845.
- Following the transaction, Wielansky directly owns 223,836 shares of Brookdale Senior Living Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine transaction under a pre-arranged trading plan. There is no indication of positive or negative implications for the company.
Industry Context
Insider sales are a common occurrence and are often viewed in the context of overall company performance and industry trends. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on immediate inside information.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the sale relative to the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 2024-12-06 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| 2025-05-19 | Date of the transaction (sale of shares) |
| 2025-05-20 | Date of signature on the Form 4 filing |
Keywords
Brookdale Senior Living, Form 4, Insider Trading, Lee S. Wielansky, 10b5-1 Plan, Share Sale, Director
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