Form 4: Huron Consulting Group Director Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Ekta Singh-Bushell, a director at Huron Consulting Group Inc., sold 192 shares of common stock on April 2, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- On April 2, 2024, Ekta Singh-Bushell, a director of Huron Consulting Group Inc., sold 192 shares of the company's common stock.
- The sale was executed at a price of $94.35 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on May 8, 2023.
- Following the transaction, Singh-Bushell directly owns 12,825 shares of Huron Consulting Group Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a stock sale under a pre-arranged plan, so the sentiment is neutral.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. Sales under 10b5-1 plans are common and allow insiders to sell shares at predetermined times to avoid accusations of trading on inside information.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 05/08/2023 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| 04/02/2024 | Date of the transaction (stock sale) |
| 04/04/2024 | Date of signature on the Form 4 filing |
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