Form 4: Owens & Minor CFO Jonathan Leon Sells 5,282 Shares Under 10b5-1 Plan
SEC Form 4 Filing
Owens & Minor's Chief Financial Officer, Jonathan Leon, sold 5,282 shares of common stock at $11.82 per share on November 21, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- Jonathan Leon, the Executive Vice President and Chief Financial Officer of Owens & Minor, Inc., sold 5,282 shares of the company's common stock on November 21, 2024.
- The sale was executed at a price of $11.82 per share.
- This transaction was conducted under a pre-established Rule 10b5-1 trading plan adopted by Mr. Leon on August 9, 2023.
- Following the transaction, Mr. Leon directly owns 130,822 shares of Owens & Minor common stock.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of an insider transaction and does not indicate any positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of an insider transaction and is common for executives who have pre-arranged trading plans. It does not necessarily indicate a change in the company's outlook or performance.
Comparison to Industry Standards
- Insider trading disclosures are a standard practice for publicly traded companies, and this transaction is consistent with regulatory requirements.
- The use of a 10b5-1 trading plan is a common method for executives to sell shares without raising concerns about insider trading.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine insider sale under a pre-arranged plan.
Key Dates
| Date | Description |
|---|---|
| 08/09/2023 | Date Jonathan Leon adopted the Rule 10b5-1 trading plan. |
| 11/21/2024 | Date of the stock sale transaction. |
| 11/25/2024 | Date the Form 4 was signed. |
Keywords
insider trading, Form 4, Jonathan Leon, Owens & Minor, OMI, 10b5-1 plan, stock sale, CFO
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