Form 4: LiveWire Group Director Kjell Gruner Sells 6,000 Shares
SEC Form 4 Filing
Director Kjell Gruner sold 6,000 shares of LiveWire Group, Inc. common stock at an average price of $6.4548 on May 23, 2024.
Summary
- On May 23, 2024, Kjell Gruner, a director of LiveWire Group, Inc., sold 6,000 shares of common stock.
- The sale was executed at a weighted average price of $6.4548 per share.
- The prices for individual transactions ranged from $6.35 to $6.49 per share.
- Following the transaction, Gruner directly owns 39,777 shares of LiveWire Group, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a transaction by an insider. It doesn't inherently convey positive or negative sentiment; it's simply a factual disclosure.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's important to monitor insider transactions as they can sometimes provide insights into management's perspective on the company's valuation and future prospects. However, single transactions are not necessarily indicative of a trend.
Stakeholder Impact
- The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction: Kjell Gruner sold 6,000 shares of LiveWire Group, Inc. common stock. |
| 05/24/2024 | Date of report: Form 4 filing date. |
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