Form 4: FTI Consulting CEO Steven Gunby Executes Stock Options and Sells Shares
SEC Form 4 Filing
FTI Consulting's CEO, Steven Gunby, exercised stock options and sold shares on May 8th and 9th, 2024.
Summary
- Steven Gunby, the President & CEO of FTI Consulting, executed stock options and sold shares of FTI Consulting, Inc.
- On May 8, 2024, Gunby exercised options to acquire 5,699 shares at a price of $40.36 and then sold those shares at a weighted average price of $220.34.
- Also on May 8, 2024, after the transactions, Gunby directly owned 311,297 shares of common stock.
- On May 9, 2024, Gunby exercised options to acquire 28,440 shares at a price of $40.36 and then sold those shares at a weighted average price of $218.61.
- Also on May 9, 2024, after the transactions, Gunby directly owned 287,184 shares of common stock.
- The options exercised were granted under an award that vested fully on March 6, 2020.
- Following these transactions, Gunby continues to hold a significant number of shares and stock options in FTI Consulting.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of insider trading activity. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor executive compensation and potential alignment with shareholder interests.
Stakeholder Impact
- Shareholders may be interested in the CEO's transactions as an indicator of management's confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/06/2020 | Date when all options pursuant to these awards vested and became exercisable in full. |
| 05/08/2024 | Mr. Gunby sold an aggregate of 5,699 shares of FTI Consulting, Inc. common stock. |
| 05/09/2024 | Mr. Gunby sold an aggregate of 28,440 shares of FTI Consulting, Inc. common stock. |
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