Form 4: Penumbra Inc. Director Thomas Wilder Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Director Thomas Wilder sold 360 shares of Penumbra Inc. common stock at $266.93 per share under a pre-arranged 10b5-1 trading plan.
Summary
- On April 2, 2025, Thomas Wilder, a director of Penumbra Inc., sold 360 shares of common stock at a price of $266.93 per share.
- The sale was executed under a Rule 10b5-1 trading plan.
- Following the transaction, Wilder directly owns 558 shares and indirectly owns 4,692 shares through the Thomas and Catharine Wilder Family Trust dated March 31, 2006.
- A portion of the directly held shares are subject to vesting.
Sentiment
Score: 5
Explanation: The document is a standard Form 4 filing, indicating a routine transaction. The use of a 10b5-1 plan suggests no negative implications.
Industry Context
Sales by insiders are a normal part of corporate activity. The use of a 10b5-1 trading plan suggests the insider is selling shares according to a pre-arranged schedule to avoid accusations of trading on inside information.
Key Dates
| Date | Description |
|---|---|
| March 31, 2006 | Date of the Thomas and Catharine Wilder Family Trust |
| April 02, 2025 | Date of the stock sale transaction |
| April 04, 2025 | Date of the signature on the Form 4 filing |
Keywords
Form 4, Penumbra Inc, Thomas Wilder, Stock Sale, Director, 10b5-1 Trading Plan, Insider Trading
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