Form 4: ICF International CEO John Wasson Sells 3,000 Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
ICF International's CEO, John Wasson, executed a sale of 3,000 common shares at an average price of $135.0933, according to a Form 4 filing with the SEC.
Summary
- On July 3, 2024, John Wasson, the CEO and President of ICF International, Inc., sold 3,000 shares of common stock.
- The sale was executed at a weighted average price of $135.0933 per share.
- The transactions were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 4, 2024.
- Following the transaction, Wasson directly owns 18,663 shares, indirectly owns 48,800 shares through John M. Wasson GRAT, 19,045 shares through John M. Wasson Rev. Trust, and 716 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing regarding a stock sale under a pre-arranged trading plan, indicating a neutral sentiment.
Industry Context
Sales by insiders are a common occurrence and are often pre-planned to avoid accusations of insider trading. The use of a 10b5-1 plan indicates the sale was arranged in advance.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply.
- The sale does not appear to have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| March 4, 2024 | Date the reporting person adopted a Rule 10b5-1 trading plan |
| July 3, 2024 | Date of the transaction (stock sale) |
| July 5, 2024 | Date of the signature on the Form 4 filing |
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