Form 4: Penumbra Inc. Director Harpreet Grewal Reports Stock Sale
SEC Form 4 Filing
Director Harpreet Grewal reported selling 200 shares of Penumbra Inc. common stock on April 1, 2025, at a price of $267.17 per share.
Summary
- On April 1, 2025, Harpreet Grewal, a director of Penumbra Inc., sold 200 shares of the company's common stock.
- The sale was executed at a price of $267.17 per share.
- The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan.
- Following the transaction, Grewal directly owns 9,074 shares of Penumbra Inc., a portion of which is subject to vesting.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of insider trading activity. It is common for directors and officers to have pre-arranged trading plans to sell shares over time.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock sale transaction |
| 04/02/2025 | Date of Form 4 filing |
Keywords
Form 4, Penumbra Inc, Harpreet Grewal, Stock Sale, Director, Rule 10b5-1, Insider Trading
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