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 March 7, 2024, according to a Form 4 filing with the SEC.
Summary
- On March 7, 2024, Steven Gunby, the President & CEO of FTI Consulting, exercised stock options to acquire 33,791 shares of FTI Consulting common stock at a price of $36.87 per share.
- He then sold 25,671 shares at a weighted average price of $206.33 and 8,120 shares at a weighted average price of $207.24.
- Following these transactions, Mr. Gunby directly owns 318,494 shares of FTI Consulting common stock and 152,681 derivative securities (stock options).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The exercising of options and subsequent sale of shares is a common practice for executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 03/01/2018 | All options pursuant to these awards vested and became exercisable in full. |
| 03/01/2025 | Expiration date of the stock options. |
| 03/07/2024 | Date of the transactions: exercising options and selling shares. |
| 03/08/2024 | Date of the Form 4 signature. |
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