Form 4: Ducommun Director Sells 1,000 Shares of Company Stock
SEC Form 4 Filing
Robert C. Ducommun, a director at Ducommun Inc, sold 1,000 shares of company stock at $69.50 per share on December 5, 2024.
Summary
- Robert C. Ducommun, a director of Ducommun Inc, sold 1,000 shares of the company's common stock on December 5, 2024.
- The sale price was $69.50 per share.
- Following the transaction, Mr. Ducommun directly owns 409,900 shares of Ducommun Inc.
- He also indirectly owns shares through his daughter, daughters FBO grandchildren, wife, and an IRA FBO self.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of a stock sale by a director, which is a routine event. There is no indication of positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common when company insiders trade shares. It provides transparency into the transactions of company directors and officers.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the United States.
- The transaction is typical for a director managing their personal investment portfolio.
- The sale of 1,000 shares is not unusual for a director with a large holding of 409,900 shares.
Stakeholder Impact
- The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or financial health.
Key Dates
| Date | Description |
|---|---|
| 12/05/2024 | Date of the stock sale transaction. |
| 12/06/2024 | Date of the signature on the Form 4 filing. |
Keywords
Ducommun Inc, Robert C. Ducommun, stock sale, insider trading, Form 4, director, share transaction
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