Form 4: Lithia Motors Inc. Executive Sells Shares
SEC Form 4 Filing
Gary M. Glandon, Chief People Officer of Lithia Motors Inc., sold 325 shares of common stock on February 13, 2025, at a price of $387.8604 per share.
Summary
- Gary M. Glandon, the Chief People Officer of Lithia Motors Inc., reported a transaction involving the company's common stock.
- On February 13, 2025, Glandon sold 325 shares of Lithia Motors Inc. common stock.
- The sale price was $387.8604 per share.
- Following the transaction, Glandon directly owns 1,665 shares of Lithia Motors Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of stock sale transaction |
| 02/14/2025 | Date of signature on the Form 4 filing |
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