Form 4: CareTrust REIT CFO William Wagner Sells 35,000 Shares

CareTrust REIT's CFO and Treasurer, William M. Wagner, sold 35,000 shares of common stock at an average price of $29.80 on September 4, 2024.

Summary

• On September 4, 2024, William M. Wagner, the CFO and Treasurer of CareTrust REIT, Inc. (CTRE), sold 35,000 shares of the company's common stock.
• The shares were sold at a weighted average price of $29.80, with individual transactions ranging from $29.76 to $29.85.
• Following the transaction, Wagner directly owns 257,439 shares of CareTrust REIT.
• The sale was reported on a Form 4 filing with the Securities and Exchange Commission.

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 rather provides factual information about the transaction.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale itself doesn't necessarily indicate a negative outlook for the company, as insiders may sell shares for various personal financial reasons.

Stakeholder Impact

• The sale of shares by a high-ranking officer could potentially create uncertainty among investors, although it is a common occurrence and doesn't necessarily reflect the company's performance.

Key Dates