Form 4: Evolent Health Executive Daniel McCarthy Increases Stake in Company
SEC Form 4
Daniel Joseph McCarthy, President of Evolent Health, Inc., recently purchased 11,040 shares of Class A Common Stock at an average price of $9.01.
Summary
- On March 6, 2025, Daniel Joseph McCarthy, President of Evolent Health, Inc., acquired 11,040 shares of Class A Common Stock.
- The shares were purchased at a weighted average price of $9.01, with individual prices ranging from $8.74 to $9.34.
- Following the transaction, McCarthy's total beneficial ownership in Evolent Health, Inc. amounts to 389,004 shares, which includes restricted stock units granted under previous awards.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. An executive purchasing shares suggests confidence, but it's a routine filing.
Positives
- The purchase of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. Executive stock purchases are often viewed positively by investors.
Stakeholder Impact
- The stock purchase by a key executive could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of the transaction: Daniel McCarthy purchased 11,040 shares of Evolent Health, Inc. |
| 03/10/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.