Form 4: Owens & Minor SVP, Corporate Controller, Michael Wayne Lowry, Sells 10,000 Shares

Michael Wayne Lowry, SVP, Corporate Controller of Owens & Minor, Inc., sold 10,000 shares of common stock on February 27, 2024, at a price of $25 per share.

Summary

• On February 27, 2024, Michael Wayne Lowry, the SVP, Corporate Controller of Owens & Minor, Inc., sold 10,000 shares of the company's common stock.
• The sale was executed at a price of $25 per share.
• Following the transaction, Lowry directly owns 71,654 shares of Owens & Minor common stock.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 7, 2023.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This is a routine disclosure of an insider transaction. It's common for executives to have pre-arranged trading plans to sell shares over time.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates