Form 4: Insuleet Corp Director Timothy J. Scannell Sells 5,000 Shares
SEC Form 4 Filing
Director Timothy J. Scannell of Insulet Corp (PODD) sold 5,000 shares of common stock on September 10, 2024, at an average price of $225.84.
Summary
- On September 10, 2024, Timothy J. Scannell, a director of Insulet Corporation (PODD), sold 5,000 shares of the company's common stock.
- The sale was executed at an average price of $225.84 per share.
- Following the transaction, Scannell directly owns 30,586 shares of Insulet Corp.
- The shares were sold at prices ranging from $225.82 to $225.92.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
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 insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Date of transaction: Timothy J. Scannell sold 5,000 shares of Insulet Corp common stock. |
| 09/11/2024 | Date of signature: Form 4 signed by Patricia K. Dolan, attorney-in-fact. |
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