Form 4: Hackett Group Director Robert Rivero Disposes of Shares in Exempt Transaction

Director Robert Rivero disposed of 3,077 shares of Hackett Group, Inc. in an exempt transaction on February 20, 2025, leaving him with 3,441 shares including unvested RSUs.

Summary

• On February 20, 2025, Robert A. Rivero, a director of Hackett Group, Inc., disposed of 3,077 shares of common stock.
• The transaction was an exempt disposition to the issuer pursuant to Rule 16b-3(e).
• The price per share was $30.78.
• Following the transaction, Rivero beneficially owns 3,441 shares, which includes 3,441 unvested RSUs.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.

Industry Context

Form 4 filings are a routine part of insider trading activity and are required by the SEC to ensure transparency in the market. This filing indicates a director's sale of company stock, which could be for various personal financial reasons and doesn't necessarily reflect a negative outlook on the company.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership by a director, but the impact is likely minimal given the relatively small number of shares involved.

Key Dates

Keywords

Hackett Group, Director, Rivero, Share Disposition, Form 4, SEC, RSUs, Rule 16b-3(e)