Form 4: LeMaitre Vascular CEO George W. LeMaitre Sells Shares
SEC Form 4 Filing
George W. LeMaitre, Chairman and CEO of LeMaitre Vascular, sold shares of the company's common stock on May 13 and 14, 2024, and gifted shares on May 14, 2024.
Summary
- George W. LeMaitre, Chairman and CEO of LeMaitre Vascular, filed a Form 4 detailing changes in beneficial ownership.
- On May 13, 2024, LeMaitre sold 35,826 shares of common stock at a weighted average price of $76.4162 per share.
- On May 14, 2024, LeMaitre gifted 4,000 shares.
- On May 14, 2024, LeMaitre sold 40,968 shares of common stock at a weighted average price of $76.8007 per share.
- Following these transactions, LeMaitre directly owns 1,998,334 shares of LeMaitre Vascular common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock sales by an executive. It doesn't inherently convey positive or negative sentiment, but rather reports factual transactions.
Industry Context
Executive stock sales are a common occurrence and can be for a variety of personal financial planning reasons. It's important to consider the overall context of insider transactions and company performance when evaluating the significance of these sales.
Stakeholder Impact
- Shareholders may react to the news of the CEO selling shares, although the impact can vary depending on the size of the sale and the overall market conditions.
- The sale could slightly increase the stock's float.
Key Dates
| Date | Description |
|---|---|
| 06-02-2023 | Adoption date of referenced 10b5-1(c) plan |
| 05/13/2024 | Sale of 35,826 shares of common stock |
| 05/14/2024 | Gift of 4,000 shares of common stock |
| 05/14/2024 | Sale of 40,968 shares of common stock |
| 05/15/2024 | Date of Form 4 signature |
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