Form 4: Calix CFO Cory Sindelar Reports Stock Acquisition Through Employee Stock Purchase Plan

Cory Sindelar, CFO of Calix, Inc., reports acquiring 387 shares of common stock through the company's Employee Stock Purchase Plan (ESPP) at a price of $31.365 per share.

Summary

• Cory Sindelar, the Chief Financial Officer of Calix, Inc., filed a Form 4 with the SEC on February 18, 2025.
• The form reports the acquisition of 387 shares of Calix common stock on February 14, 2025.
• These shares were acquired through the Calix, Inc. Amended and Restated Employee Stock Purchase Plan (ESPP).
• The purchase price was $31.365 per share, based on 85% of the closing price on August 15, 2024, the first trading day of the purchase period.
• Following the transaction, Sindelar directly owns 76,285 shares of Calix common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and while insider buying can be seen as positive, the amount is relatively small and part of a pre-existing plan.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding insider transactions.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.

Key Dates

Keywords

Form 4, Calix, Sindelar, ESPP, Stock Acquisition, CFO, Common Stock