Form 4: ICF International CEO John Wasson Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
ICF International's CEO, John Wasson, sold 1,417 shares of common stock on August 29, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On August 29, 2024, John Wasson, the CEO and President of ICF International, Inc., sold 1,417 shares of the company's common stock.
- The sale was executed under a Rule 10b5-1 trading plan adopted on March 4, 2024.
- The shares were sold at a weighted average price of $165.1443, with individual transactions ranging from $165.00 to $165.40.
- Following the transaction, Wasson directly owns no common stock, but indirectly owns 52,605 shares through the John M. Wasson Rev. Trust, 83 shares by spouse, 716 shares by spouse, and 30,535 shares through the John M. Wasson GRAT.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific non-public information, resulting in a neutral sentiment.
Industry Context
Sales by insiders are a normal part of corporate activity. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific non-public information.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, but the pre-planned nature of the sale mitigates concerns about insider information.
Key Dates
| Date | Description |
|---|---|
| 2024/03/04 | Date of adoption of Rule 10b5-1 trading plan |
| 2024/08/29 | Date of stock sale transaction |
| 2024/08/30 | Date of Form 4 filing |
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