Form 4: CONSOL Energy CEO James Brock Sells Shares Under 10b5-1 Trading Plan

CONSOL Energy CEO James Brock executed multiple sales of common stock on June 27 and 28, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• James A. Brock, CEO of CONSOL Energy Inc., sold shares of common stock on June 27 and 28, 2024.
• The sales were executed under a Rule 10b5-1 trading plan adopted on September 13, 2023.
• On June 27, 2024, Mr. Brock sold 800 shares at $98.56, 400 shares at $99.36, 200 shares at $100.51, and 300 shares at $101.83.
• On June 28, 2024, he sold 3,100 shares at $99.79, 4,410 shares at $100.46, 4,488 shares at $101.26, and 3,700 shares at $102.29.
• Following these transactions, Mr. Brock directly owns 513,789 shares of CONSOL Energy, including 68,854 restricted stock units.
• The sales were executed in multiple trades at varying prices, with the reported prices reflecting weighted averages.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to insider trading under a pre-arranged plan, so it doesn't convey strong positive or negative sentiment.

Industry Context

Insider sales are a common occurrence, and the use of a 10b5-1 trading plan allows insiders to sell shares without raising concerns about trading on non-public information. Investors often monitor insider transactions for signals about a company's prospects, but sales under a pre-arranged plan are generally viewed as less informative.

Key Dates