Form 4: Chemed Corp CEO Kevin McNamara Sells 4,000 Shares
SEC Filing
Chemed Corp's CEO, Kevin McNamara, sold 4,000 shares of company stock at an average price of $567.54 on May 16, 2024.
Summary
- On May 16, 2024, Kevin J. McNamara, the President and CEO of Chemed Corp, sold 4,000 shares of Chemed Corp's capital stock.
- The shares were sold at a weighted average price of $567.54.
- The sales occurred in multiple transactions with prices ranging from $566.61 to $568.92.
- Following the transaction, McNamara directly owns 108,549 shares of Chemed Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock sale. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by the CEO could be perceived negatively by some shareholders, but it's a relatively small transaction and unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of stock sale transaction |
| 05/17/2024 | Date of Form 4 filing |
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