Form 4: Prestige Consumer Healthcare CEO Lombardi Exercises and Sells Shares
SEC Form 4 Filing
Prestige Consumer Healthcare CEO Ronald M. Lombardi exercised stock options and sold shares on November 18, 2024.
Summary
- On November 18, 2024, Ronald M. Lombardi, CEO of Prestige Consumer Healthcare, exercised stock options to acquire 48,512 shares at $57.18 per share and 33,725 shares at $56.11 per share.
- On the same day, Mr. Lombardi sold 48,512 shares at a weighted average price of $82.67 and 33,725 shares at a weighted average price of $82.41.
- Following these transactions, Mr. Lombardi directly owns 320,952 shares of Prestige Consumer Healthcare stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, and does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing for a corporate executive exercising stock options and selling shares. It is common for executives to exercise options and sell shares for personal financial management.
Comparison to Industry Standards
- Executive stock option exercises and sales are a common practice across publicly traded companies.
- The reported transactions are consistent with standard SEC Form 4 filings.
- The weighted average sale prices are within a normal range for open market transactions.
Stakeholder Impact
- The transactions may have a minor impact on the stock price due to the volume of shares sold by the CEO.
Key Dates
| Date | Description |
|---|---|
| 05/08/2017 | Date of power of attorney for William P'Pool. |
| 05/09/2017 | First vesting date for 17,908 shares of options. |
| 05/08/2018 | First vesting date for 13,129 shares of options and second vesting date for 17,908 shares of options. |
| 05/09/2019 | Third vesting date for 17,909 shares of options and second vesting date for 13,129 shares of options. |
| 05/08/2020 | Third vesting date for 13,129 shares of options. |
| 05/09/2026 | Expiration date for options exercised on 11/18/2024 at $57.18. |
| 05/08/2027 | Expiration date for options exercised on 11/18/2024 at $56.11. |
| 11/18/2024 | Date of stock option exercise and share sales. |
| 11/19/2024 | Date of filing of the SEC Form 4. |
Keywords
Prestige Consumer Healthcare, Ronald M. Lombardi, stock options, share sale, insider trading, SEC Form 4
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