Form 4: FTI Consulting CEO Steven Gunby Executes Stock Options and Sells Shares

Sentiment:

SEC Form 4 Filing


FTI Consulting's CEO, Steven Gunby, exercised stock options and sold shares of the company's common stock on February 29, 2024, and March 1, 2024.

Summary

  • Steven Gunby, the President & CEO of FTI Consulting, exercised stock options to acquire 3,116 shares on February 29, 2024, and 3,592 shares on March 1, 2024, at a price of $36.87 per share.
  • Concurrently, Mr. Gunby sold 3,116 shares on February 29, 2024, at a weighted average price of $210.28, and 3,592 shares on March 1, 2024, at a weighted average price of $205.06.
  • Following these transactions, Mr. Gunby directly owns 305,813 shares of FTI Consulting common stock and holds options to purchase 186,472 more shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions. It's common for executives to exercise stock options and sell shares for personal financial management.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.

Key Dates

DateDescription
02/29/2024Mr. Gunby exercised stock options for 3,116 shares and sold 3,116 shares of FTI Consulting common stock.
03/01/2018All options pursuant to these awards vested and became exercisable in full.
03/01/2024Mr. Gunby exercised stock options for 3,592 shares and sold 3,592 shares of FTI Consulting common stock.
03/01/2025Expiration date for stock options.
03/04/2024Date of 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.