Form 4: Logility Director Exercises Stock Options, Acquires 3,000 Shares

Logility director James B. Miller Jr. exercised stock options to acquire 3,000 shares of common stock on January 28, 2025.

Summary

• On January 28, 2025, James B. Miller Jr., a director at Logility Supply Chain Solutions, Inc., exercised stock options.
• This transaction resulted in the acquisition of 3,000 shares of common stock at a price of $11.14 per share.
• Following the transaction, Miller directly owns 419,351 shares of Logility common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction by a company director, with no indication of positive or negative sentiment.

Industry Context

This is a routine transaction for a company director and is not unusual. It is a common practice for directors to be granted stock options as part of their compensation.

Comparison to Industry Standards

• Stock option exercises by directors are a common practice across publicly traded companies.
• The vesting period of 1 year is also a standard practice for director stock options.
• The price of $11.14 is the price at which the options were granted, not necessarily the current market price.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it slightly increases the number of outstanding shares.

Key Dates

Keywords

stock options, insider trading, share acquisition, Logility, director, common stock