Form 4: Huron Consulting Group Director Zumwalt Sells 259 Shares Under 10b5-1 Plan
SEC Form 4 Filing
Debra Zumwalt, a director at Huron Consulting Group Inc., sold 259 shares of common stock on April 2, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On April 2, 2024, Debra Zumwalt, a director of Huron Consulting Group Inc. (HURN), sold 259 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 by Zumwalt on May 9, 2023.
- Following the transaction, Zumwalt directly owns 24,703 shares of Huron Consulting Group Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to a pre-planned stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 plan allows insiders to sell shares without being accused of acting on non-public information.
Stakeholder Impact
- The sale is unlikely to have a significant impact on stakeholders as it is a small transaction executed under a pre-arranged trading plan.
Key Dates
| Date | Description |
|---|---|
| 2023-05-09 | Date Debra Zumwalt adopted the Rule 10b5-1 trading plan. |
| 2024-04-02 | Date of the stock sale transaction. |
| 2024-04-04 | Date of the Form 4 filing. |
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