Form 4: Hennessy Advisors SVP and CFO Kathryn Fahy Sells 10,000 Shares
SEC Filing
Kathryn Fahy, SVP and CFO of Hennessy Advisors Inc, sold 10,000 shares of common stock at an average price of $10.7118 on May 13, 2025.
Summary
- On May 13, 2025, Kathryn Fahy, the SVP and CFO of Hennessy Advisors Inc, sold 10,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $10.7118 per share, with prices ranging from $10.7000 to $10.8600.
- Following the transaction, Fahy directly owns 64,210.93 shares of Hennessy Advisors Inc.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing for insider trading activity, which is neutral in sentiment.
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, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Kathryn Fahy sold 10,000 shares of HNNA. |
| 05/14/2025 | Date of Form 4 filing. |
Keywords
Form 4, Hennessy Advisors Inc, HNNA, Kathryn Fahy, SEC, Stock Sale, Insider Trading
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