Form 4: Brunswick Corp CEO David Foulkes Sells $1.9 Million in Company Stock

Brunswick Corporation's CEO, David M. Foulkes, sold 23,829 shares of common stock at an average price of $80.22 on October 31, 2024.

Summary

• On October 31, 2024, David M. Foulkes, the CEO of Brunswick Corporation, sold 23,829 shares of the company's common stock.
• The sale was executed at a weighted average price of $80.22 per share, with individual transaction prices ranging from $79.80 to $80.63.
• Following the transaction, Foulkes directly owns 251,094 shares of Brunswick Corporation.
• He also indirectly owns 6,900 shares through a savings plan trustee.
• The reported holdings include 2,297 shares acquired through dividend reinvestment up to September 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways depending on the context.

Industry Context

Insider sales are common and can be for various reasons, including diversification, tax planning, or personal expenses. It's important to consider the overall context, such as the company's performance and industry trends, when interpreting insider trading activity.

Stakeholder Impact

• The stock sale could potentially influence investor sentiment, although the impact is likely to be minimal given the size of the transaction relative to the company's overall market capitalization.

Key Dates