Form 4: ICF International COO James C.M. Morgan Sells 2,500 Shares

ICF International's Chief Operating Officer, James C.M. Morgan, sold 2,500 shares of common stock on October 16, 2024, at a weighted average price of $175.0694 per share.

Summary

• On October 16, 2024, James C.M. Morgan, the Chief Operating Officer of ICF International, Inc., sold 2,500 shares of the company's common stock.
• The sale was executed at a weighted average price of $175.0694 per share.
• The transactions occurred within a price range of $175.0300 to $175.1800.
• Following the transaction, Morgan directly owns 37,663 shares of ICF International.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 5, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific positive or negative information.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.

Comparison to Industry Standards

• Insider sales are a common occurrence in publicly traded companies.
• The legality of the sale is ensured by the use of a pre-arranged 10b5-1 trading plan, which is a standard practice to avoid accusations of trading on non-public information.
• Comparable companies such as Booz Allen Hamilton (BAH) and Leidos (LDOS) also have similar insider trading disclosures.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates