Form 4: H. Eugene Lockhart Sells 1,042 Shares of Huron Consulting Group Inc. (HURN)
SEC Form 4
Director H. Eugene Lockhart sold 1,042 shares of Huron Consulting Group Inc. on November 1, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On November 1, 2024, H. Eugene Lockhart, a director of Huron Consulting Group Inc. (HURN), sold 1,042 shares of common stock.
- The sale was executed at a price of $115.82 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on May 9, 2024.
- Following the transaction, Lockhart directly owns 27,798 shares of Huron Consulting Group Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing 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
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates concerns about opportunistic trading.
Key Dates
| Date | Description |
|---|---|
| May 9, 2024 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| November 1, 2024 | Date of the transaction (sale of shares) |
| November 5, 2024 | Date of the signature on the Form 4 filing |
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