Form 4: Couchbase CFO Gregory N. Henry Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Gregory N. Henry, SVP & CFO of Couchbase, Inc., sold 9,820 shares of common stock on February 3, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Gregory N. Henry, the SVP & Chief Financial Officer of Couchbase, Inc., reported the sale of 9,820 shares of common stock on February 3, 2025.
- The shares were sold at a weighted average price of $17.6216, with individual prices ranging from $17.0500 to $17.9200.
- The sale was executed under a Rule 10b5-1 trading plan adopted on September 28, 2024.
- Following the transaction, Henry directly owns 22,390 shares and indirectly owns 304,555 shares through The Henry Family Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale under a pre-arranged trading plan, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.
Stakeholder Impact
- The stock sale by a high-ranking executive could cause concern among shareholders.
Key Dates
| Date | Description |
|---|---|
| 2024/09/28 | Date of adoption of Rule 10b5-1 trading plan |
| 2025/02/03 | Date of transaction (stock sale) |
| 2025/02/05 | Date of Form 4 filing |
Keywords
Form 4, Couchbase, Gregory N. Henry, Insider Trading, Rule 10b5-1, Stock Sale, SVP & Chief Financial Officer
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