Form 4: Penumbra Inc. Director Bridget O'Rourke Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Director Bridget O'Rourke sold 100 shares of Penumbra Inc. common stock at $286.15 per share on May 15, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On May 15, 2025, Bridget O'Rourke, a director of Penumbra Inc., sold 100 shares of the company's common stock.
- The sale was executed at a price of $286.15 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan.
- Following the transaction, O'Rourke directly owns 5,423 shares of Penumbra Inc., a portion of which is subject to vesting.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-arranged trading plan. There is no indication of positive or negative implications for the company.
Industry Context
Sales by insiders are a normal part of corporate governance. The use of a 10b5-1 trading plan suggests the sale was pre-planned and not based on any specific non-public information.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of stock sale transaction |
| 05/16/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Penumbra Inc, Bridget O'Rourke, Stock Sale, 10b5-1 Trading Plan, Director
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