Form 4: Huron Consulting Group Director James H. Roth Sells Shares Under 10b5-1 Trading Plan

Director James H. Roth of Huron Consulting Group Inc. sold a total of 9,517 shares of common stock on March 4, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 4, 2024, James H. Roth, a director at Huron Consulting Group Inc., sold 9,517 shares of the company's common stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on May 18, 2023.
• 4,793 shares were sold at a weighted average price of $98.78, with individual prices ranging from $98.24 to $99.21.
• An additional 4,724 shares were sold at a weighted average price of $99.79, with individual prices ranging from $99.27 to $100.18.
• Following the transactions, Roth directly owns 83,239 shares and indirectly owns 3,855 shares through a Family LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment about the company's performance.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating they were planned well in advance and not based on any recent inside information.

Industry Context

Sales by company directors are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects. The use of a 10b5-1 plan ensures compliance with insider trading regulations.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely to be minimal given the relatively small volume of shares sold.

Key Dates