Form 4: Mr. Cooper Group CEO Sells Shares Under Pre-Arranged Trading Plan

Mr. Cooper Group Inc. CEO Jesse K. Bray sold 30,000 shares of common stock on July 1, 2025, through a pre-arranged Rule 10b5-1 trading plan.

Summary

• Jesse K. Bray, Chief Executive Officer and Director of Mr. Cooper Group Inc. (COOP), reported the sale of 30,000 shares of common stock.
• The transaction occurred on July 1, 2025.
• The shares were sold at a weighted average price of $152.14, with individual transaction prices ranging from $149.51 to $154.12.
• The sale was executed by The Jesse K. Bray Living Trust pursuant to a Rule 10b5-1 trading plan adopted on June 13, 2024.
• Following the reported transaction, Jesse K. Bray beneficially owns 693,187 shares indirectly through The Jesse K. Bray Living Trust and 198,398 shares directly.

Sentiment

Score: 5

Explanation: The transaction is a pre-planned sale under a Rule 10b5-1 plan, which is a routine disclosure for insider transactions and does not inherently indicate positive or negative sentiment regarding the company's future prospects.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a scheduled and non-discretionary transaction rather than a reaction to new, non-public information.

Negatives

• A significant number of shares (30,000) were sold by a key executive, which some investors might view with caution, despite the pre-arranged nature of the sale.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The sale by a key executive, even if pre-planned, might lead to questions about management's long-term conviction, though the Rule 10b5-1 plan mitigates this concern by indicating a non-discretionary sale.

Key Dates

Keywords

Mr. Cooper Group, COOP, Jesse K. Bray, insider trading, Form 4, stock sale, Rule 10b5-1, CEO, director, beneficial ownership