Form 4: Rambus Inc. Executive Sells 2,462 Shares
SEC Form 4 Filing
A Rambus Inc. executive, John C. Shinn, sold 2,462 shares of common stock at a price of $58.1327 per share on December 12, 2024.
Summary
- John C. Shinn, a Senior Vice President and General Counsel at Rambus Inc., sold 2,462 shares of common stock.
- The sale occurred on December 12, 2024.
- The shares were sold at a price of $58.1327 per share.
- The total value of the shares sold was $143,158.78.
Sentiment
Score: 5
Explanation: The document reports a routine executive stock sale, which is neither positive nor negative in itself. It's a neutral event.
Industry Context
Executive stock sales are a common occurrence and are often monitored by investors for insights into management's perspective on the company's future prospects.
Comparison to Industry Standards
- Executive stock sales are a normal part of corporate activity, and this sale is not unusual in the tech industry.
- Similar sales occur regularly at comparable companies such as Micron Technology and Advanced Micro Devices.
Stakeholder Impact
- The sale may have a minor impact on shareholder sentiment, but it is unlikely to significantly affect the stock price.
Key Dates
| Date | Description |
|---|---|
| 2024-12-12 | Date of the stock sale by John C. Shinn. |
| 2024-12-13 | Date of the filing of the transaction. |
Keywords
Rambus Inc, stock sale, executive sale, insider trading, RMBS, John C. Shinn
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