4/A: Innospec Director Amends Stock Sale Prices in Form 4/A
Insider Transaction Amendment
Innospec Director Larry Padfield filed an amended Form 4 to correct reported sale prices for common stock transactions on February 27, 2026.
Summary
- Larry Padfield, a Director of INNOSPEC INC. (IOSP), filed a Form 4/A to amend a previously filed Form 4.
- The amendment corrects the transaction prices for two sales of common stock that occurred on February 27, 2026.
- The first transaction involved the sale of 287 shares of Common Stock at a weighted average price of $76.3, with individual sales ranging from $75.5001 to $76.55.
- The second transaction involved the sale of 307 shares of Common Stock at a weighted average price of $76.79, with individual sales ranging from $76.555 to $77.0713.
- Following these transactions, Larry Padfield beneficially owns 9,453 shares of Common Stock directly.
- The reporting person undertakes to provide full information regarding the number of shares and prices upon request to the SEC staff, the issuer, or a security holder.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this filing as neutral to slightly positive. While an initial error occurred, the prompt correction demonstrates good governance and transparency, which is generally favorable for investor confidence.
Positives
- The filing demonstrates transparency by correcting previously reported transaction prices, ensuring accuracy in insider trading disclosures.
Negatives
- An initial error in reporting transaction prices required an amendment, indicating a minor administrative oversight.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Management Comments
- The reporting person undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Industry Context
StockSavvy.ai notes that amendments to Form 4 filings, such as this 4/A, are common for correcting minor details like transaction prices in insider trading reports. These corrections are part of standard regulatory compliance and generally do not indicate broader industry trends or significant company-specific issues.
Stakeholder Impact
- Shareholders benefit from increased transparency and accuracy in insider trading disclosures, ensuring that public records reflect correct transaction details.
Next Steps
- The reporting person is prepared to provide additional details on the transactions, including specific share counts and prices, if requested by the SEC, the issuer, or a security holder.
Key Dates
| Date | Description |
|---|---|
| 02/27/2026 | Date of common stock transactions by Larry Padfield. |
| 03/03/2026 | Date of original Form 4 filing. |
| 03/06/2026 | Date of Form 4/A amendment filing. |
Keywords
Innospec Inc., IOSP, Form 4/A, Insider Trading, Stock Sale, Director, SEC Filing, Beneficial Ownership
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