Form 4: FTI Consulting Director Claudio Costamagna Sells 7,059 Shares

Sentiment:

SEC Form 4 Filing


Claudio Costamagna, a director at FTI Consulting, sold 7,059 shares of the company's common stock on March 5, 2024, at a weighted average price of $209.13.

Summary

  • On March 5, 2024, Claudio Costamagna, a director of FTI Consulting, Inc., sold 7,059 shares of the company's common stock.
  • The shares were sold at a weighted average price of $209.13, with individual sales prices ranging from $208.75 to $209.30.
  • Following the transaction, Mr. Costamagna directly owns 32,860 shares of FTI Consulting, Inc.
  • The sale was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, such as directors and officers, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.

Stakeholder Impact

  • The sale of shares by a director could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.

Key Dates

DateDescription
03/05/2024Date of stock sale transaction
03/06/2024Date of Form 4 filing

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