Form 4: Lithia Motors Director Shauna McIntyre Sells Shares
SEC Form 4 Filing
Director Shauna McIntyre sold 306 shares of Lithia Motors Inc. (LAD) on August 2, 2024, at a price of $289.6534 per share.
Summary
- On August 2, 2024, Shauna McIntyre, a director of Lithia Motors Inc. (LAD), sold 306 shares of the company's common stock.
- The transaction was executed at a price of $289.6534 per share.
- Following the transaction, McIntyre directly owns 1,922 shares of Lithia Motors Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports a share sale by a director.
Industry Context
Form 4 filings are a routine part of insider trading activity and are closely watched by investors for signals about a company's prospects. While a single sale isn't necessarily indicative of a trend, multiple insider sales can sometimes raise concerns.
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 |
|---|---|
| 08/02/2024 | Date of transaction: Shauna McIntyre sold 306 shares of Lithia Motors Inc. common stock. |
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