Form 4: Huron Consulting Group Director Zumwalt Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Debra Zumwalt, a director at Huron Consulting Group Inc., sold 222 shares of common stock on October 2, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On October 2, 2024, Debra Zumwalt, a director of Huron Consulting Group Inc. (HURN), sold 222 shares of the company's common stock.
- The sale was executed at a price of $106.8 per share.
- The transaction was conducted automatically under a Rule 10b5-1 trading plan that Zumwalt adopted on May 21, 2024.
- Following the transaction, Zumwalt directly owns 26,228 shares of Huron Consulting Group Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sale of shares by a director is neither inherently positive nor negative, especially when conducted under a pre-arranged trading plan.
Industry Context
Sales by company insiders are a common occurrence and are often related to personal financial planning. The use of 10b5-1 plans allows insiders to sell shares at predetermined times and prices, avoiding accusations of trading on non-public information.
Key Dates
| Date | Description |
|---|---|
| May 21, 2024 | Date Debra Zumwalt adopted the Rule 10b5-1 trading plan |
| October 02, 2024 | Date of the stock sale transaction |
| October 04, 2024 | Date of the Form 4 filing |
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