Form 4: JELD-WEN Holding Director Roderick Wendt Reports Stock Sales

Director Roderick Wendt reports multiple sales of JELD-WEN Holding, Inc. common stock between November 2020 and June 2021.

Summary

• Roderick Wendt, a director of JELD-WEN Holding, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
• The report covers transactions from November 5, 2020, to June 8, 2021.
• Wendt sold 10,150 shares on November 5, 2020, at $24.96 per share.
• He sold 10,000 shares on November 6, 2020, at $22.6385 per share.
• Additional sales of 10,000 shares each occurred on February 22, 2021, March 1, 2021, and June 8, 2021, at prices of $28.35, $30.756, and $28.063 per share, respectively.
• Following these transactions, Wendt indirectly owns 284,538 shares of common stock.
• Wendt also directly owns 35,269 shares of common stock.
• The indirect holdings are primarily through the Company's ESOP, KSOP, the RC Wendt Revocable Trust, and the Roderick Wendt GST Trust.
• Wendt has pledged 220,000 shares to secure a loan obligation.
• Willie White acted as attorney-in-fact for Roderick Wendt in signing the report.

Sentiment

Score: 5

Explanation: This is a neutral report of stock sales by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about transactions.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• Shareholders may interpret the stock sales as a signal, although the reasons for the sales are not disclosed.
• The sales could potentially exert downward pressure on the stock price, depending on market perception.

Key Dates