Form 4: Huron Consulting Group Director John McCartney Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Director John McCartney of Huron Consulting Group sold 300 shares of common stock at $99.16 per share on July 1, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On July 1, 2024, John McCartney, a director at Huron Consulting Group Inc., sold 300 shares of the company's common stock.
- The sale was executed at a price of $99.16 per share.
- This transaction was conducted under a Rule 10b5-1 trading plan adopted on August 2, 2023.
- Following the transaction, McCartney directly owns 57,688 shares of Huron Consulting Group Inc.
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.
Industry Context
Sales by insiders are a normal part of corporate governance. The fact that this sale was executed under a 10b5-1 plan suggests it was pre-planned and not based on any specific current information.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| 08/02/2023 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| 07/01/2024 | Date of the transaction (stock sale) |
| 07/03/2024 | Date of the signature on the Form 4 filing |
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