Form 4: FTI Consulting CEO Steven Gunby Exercises Options and Sells Shares
SEC Form 4 Filing
FTI Consulting's CEO, Steven Gunby, exercised stock options and sold shares on May 2, 2024, according to a Form 4 filing with the SEC.
Summary
- On May 2, 2024, Steven Gunby, the President & CEO of FTI Consulting, exercised stock options to acquire 27,266 shares of common stock at a price of $34.33 per share.
- Simultaneously, Gunby sold a total of 27,266 shares in multiple transactions at weighted average prices ranging from $212.80 to $214.36.
- Following these transactions, Gunby directly owns 311,297 shares of FTI Consulting common stock.
- He also holds options to purchase 81,302 shares.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company executive, neither inherently positive nor negative.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2019 | All options pursuant to these awards vested and became exercisable in full. |
| 03/01/2026 | Expiration date of stock options. |
| 05/02/2024 | Date of stock option exercise and share sales. |
| 05/03/2024 | 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.