Form 4: Kewaunee Scientific Corp Executive Ranade Mandar Sells 3,000 Shares
SEC Form 4 Filing
VP-Information Technology at Kewaunee Scientific Corp, Ranade Mandar, sold 3,000 shares of common stock on March 14, 2024, at an average price of $30.85.
Summary
- On March 14, 2024, Mandar Ranade, VP-Information Technology at Kewaunee Scientific Corp, sold 3,000 shares of common stock.
- The sale was executed at a weighted average price of $30.85 per share.
- The prices for individual transactions ranged from $30.76 to $31.25.
- Following the transaction, Ranade directly owns 9,175 shares of Kewaunee Scientific Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive selling shares doesn't necessarily indicate a negative outlook for the company, but it doesn't boost confidence either. It's a routine transaction.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of the transaction: Sale of 3,000 shares of common stock. |
| 03/15/2024 | Date of signature on the Form 4 filing. |
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