Form 4: Heidrick & Struggles CFO Mark Harris Sells 7,500 Shares
SEC Form 4 Filing
Mark Harris, CFO of Heidrick & Struggles International, sold 7,500 shares of common stock at an average price of $40.7003 on July 31, 2024.
Summary
- On July 31, 2024, Mark Harris, the Chief Financial Officer of Heidrick & Struggles International Inc. (HSII), sold 7,500 shares of the company's common stock.
- The sale was executed at a weighted average price of $40.7003 per share.
- The price range for the shares sold was between $40.425 and $40.93.
- Following the transaction, Harris directly owns 65,953.019 shares of Heidrick & Struggles International Inc.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't inherently indicate positive or negative sentiment, simply reporting a transaction.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, but it is a common practice and doesn't necessarily indicate a lack of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of the transaction: Mark Harris sold 7,500 shares of HSII common stock. |
| 08/01/2024 | Date of signature on the Form 4 filing. |
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