Form 4: Rockwell Automation Executive Sells 1,000 Shares Under 10b5-1 Plan

A Rockwell Automation executive, Cyril Perducat, sold 1,000 shares of common stock at $300 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Cyril Perducat, a Senior Vice President and Chief Technology Officer at Rockwell Automation, sold 1,000 shares of the company's common stock.
• The sale occurred on November 25, 2024, at a price of $300 per share.
• The transaction was executed under a pre-existing Rule 10b5-1 trading plan established on February 29, 2024.
• Following the transaction, Mr. Perducat directly owns 3,630 shares of Rockwell Automation stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing for an executive stock sale under a pre-arranged plan, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine filing related to insider trading activity and is common for executives who have pre-arranged trading plans. It does not indicate any specific trend or issue within the company or industry.

Comparison to Industry Standards

• Executive stock sales under 10b5-1 plans are a common practice across publicly traded companies, including Rockwell's peers such as Siemens, ABB, and Emerson Electric.
• These plans allow executives to sell shares without being accused of insider trading, as the trades are pre-scheduled and not based on non-public information.
• The volume of shares sold by Mr. Perducat is relatively small compared to the overall trading volume of Rockwell Automation stock, and is not unusual for an executive of his level.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price due to the pre-planned nature of the transaction.

Key Dates

Keywords

Rockwell Automation, insider trading, Form 4, 10b5-1 plan, stock sale, executive, Cyril Perducat