Form 4: Huron Director Sells Shares Under Pre-Arranged 10b5-1 Plan

Huron Consulting Group Director James H. Roth sold 2,000 shares of common stock on September 2, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• James H. Roth, a Director of Huron Consulting Group Inc. (HURN), sold a total of 2,000 shares of the company's common stock.
• The transactions occurred on September 2, 2025.
• The sales were executed automatically pursuant to a Rule 10b5-1 trading plan adopted by Mr. Roth on May 8, 2025.
• The shares were sold in two separate transactions: 506 shares at a weighted average price of $136.99 and 1,494 shares at a weighted average price of $137.68.
• The price range for the 506 shares was $136.39 to $137.36, and for the 1,494 shares, it was $137.41 to $138.12.
• Following these transactions, Mr. Roth directly beneficially owns 41,304 shares of Common Stock and indirectly owns 3,855 shares through a Family LLC, totaling 45,159 shares.

Sentiment

Score: 5

Explanation: The transaction is neutral as it is a pre-planned sale under a 10b5-1 plan, which typically does not reflect new sentiment about the company's immediate prospects or performance.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned disposition rather than a reaction to recent events, which generally reduces the perception of opportunistic selling.

Negatives

• Insider selling, even if pre-planned, reduces the direct ownership stake of a director in the company.

Risks

• While not an immediate risk, a sustained pattern of significant insider selling over time could be interpreted by investors as a lack of confidence in the company's future prospects, potentially impacting investor sentiment.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The undersigned undertakes to provide Huron Consulting Group Inc. ("Huron"), any security holder of Huron or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

Industry Context

This filing is a routine disclosure of an insider stock transaction and does not provide information relevant to broader industry trends or competitors.

Corporate Governance

Stakeholder Impact

• Shareholders will note the reduction in a director's direct ownership, though the pre-planned nature of the sale under a 10b5-1 plan generally mitigates concerns about the underlying reasons for the disposition.

Next Steps

• The reporting person has undertaken to provide detailed price information for the share sales upon request from Huron Consulting Group Inc., any security holder, or the SEC staff.

Key Dates

Recommendation

A Form 4 filing detailing a pre-planned insider sale under a Rule 10b5-1 plan is generally considered a neutral event. It does not typically signal new information about the company's performance or future prospects that would warrant a change in investment recommendation based solely on this filing. Investors should consider broader company fundamentals and market conditions.

Keywords

HURN, Huron Consulting Group, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Director