Form 4: Couchbase CFO Gregory N. Henry Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Gregory N. Henry, SVP & Chief Financial Officer of Couchbase, Inc., sold 22,304 shares of common stock at an average price of $15.4982 on January 2, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On January 2, 2025, Gregory N. Henry, the SVP & Chief Financial Officer of Couchbase, Inc., sold 22,304 shares of Couchbase common stock.
- The shares were sold at a weighted average price of $15.4982 per share.
- The sales occurred under a Rule 10b5-1 trading plan adopted on September 28, 2024.
- Following the transaction, Henry directly owns 22,390 shares and indirectly owns 314,375 shares through The Henry Family Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to 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.
Key Dates
| Date | Description |
|---|---|
| 09/28/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 01/02/2025 | Date of transaction (stock sale) |
| 01/06/2025 | Date of Form 4 filing |
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