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 27th and 28th, 2024.

Summary

  • Steven Gunby, the President & CEO of FTI Consulting, exercised stock options to acquire shares of FTI Consulting common stock.
  • He then sold a portion of these shares on February 27 and 28, 2024.
  • On February 27, 2024, he exercised options for 24,568 shares at a price of $36.87 per share and sold 31,943 shares at a weighted average price of $216.59.
  • Also on February 27, 2024, he exercised options for 7,413 shares at a price of $36.87 per share and sold 38 shares at a weighted average price of $217.68.
  • On February 28, 2024, he exercised options for 2,743 shares at a price of $36.87 per share and sold 2,743 shares at a weighted average price of $216.08.
  • Following these transactions, Mr. Gunby directly owns 305,813 shares of FTI Consulting common stock and holds options to purchase 193,180 more shares.

Sentiment

Score: 5

Explanation: The document is a neutral report of insider trading activity. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's outlook or performance. 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 to be insignificant.

Key Dates

DateDescription
02/27/2024CEO exercised stock options and sold shares of FTI Consulting common stock.
02/28/2024CEO exercised stock options and sold shares of FTI Consulting common stock.
02/29/2024Date of the Form 4 filing.
03/01/2025Expiration date of the stock options exercised.

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