Form 4: ICFI COO Sells Shares Under Pre-Arranged Plan

James C. M. Morgan, Chief Operating Officer of ICF International, Inc., sold 2,400 shares of common stock at a weighted average price of $95.1943 per share pursuant to a Rule 10b5-1 trading plan.

Summary

• James C. M. Morgan, the Chief Operating Officer of ICF International, Inc. (ICFI), reported a sale of common stock.
• The transaction involved the disposition of 2,400 shares of common stock on October 2, 2025.
• The shares were sold at a weighted average price of $95.1943 per share, with individual transaction prices ranging from $95.00 to $95.38.
• Following this transaction, Mr. Morgan beneficially owns 39,704 shares of ICF International, Inc. common stock.
• The sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Morgan and subsequently amended on May 27, 2025.

Sentiment

Score: 5

Explanation: The sale of shares by the Chief Operating Officer is a routine transaction executed under a pre-arranged Rule 10b5-1 trading plan, which typically reduces the signaling impact of insider sales. It is a neutral event in the context of company performance.

Negatives

• The transaction represents a reduction in the direct beneficial ownership of common stock by a key executive.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The transaction reduces the direct ownership stake of a key executive, which some investors might view as a minor negative, though mitigated by the pre-arranged nature of the sale.

Key Dates

Recommendation

The sale of shares by the Chief Operating Officer, James C. M. Morgan, was conducted under a Rule 10b5-1 trading plan, indicating a pre-scheduled transaction rather than a discretionary sale based on new material non-public information. While it reduces insider ownership, it does not inherently signal a negative outlook for the company. Investors should consider this a routine event and maintain their current position, awaiting broader company performance indicators.

Keywords

ICF International, ICFI, Insider Sale, Form 4, 10b5-1 Plan, Chief Operating Officer, Stock Transaction