Form 4: Glaukos Corp SVP Alex R. Thurman Sells 90 Shares of Common Stock
SEC Form 4 Filing
Alex R. Thurman, SVP & CFO of Glaukos Corporation, sold 90 shares of common stock on May 6, 2024, at a price of $110.26 per share.
Summary
- On May 6, 2024, Alex R. Thurman, the SVP & CFO of Glaukos Corporation, sold 90 shares of the company's common stock.
- The sale was executed at a price of $110.26 per share.
- Following the transaction, Thurman directly owns 52,000 shares of Glaukos Corporation.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on May 17, 2023.
- The reported holdings include 22,898 restricted stock units that have not yet vested.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to have pre-arranged trading plans (Rule 10b5-1) to avoid accusations of trading on inside information.
Key Dates
| Date | Description |
|---|---|
| May 17, 2023 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| April 9, 2024 | Date of previous Form 4 filing with a typographical error in footnote (3) |
| May 6, 2024 | Date of the stock sale transaction and previous Form 4 filing with a typographical error in footnote (3) |
| May 8, 2024 | Date of the Form 4 filing |
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