SMLR.Semler Scientific, INC

4/A: Semler Scientific CEO Douglas Murphy-Chutorian Sells Shares

Sentiment:

SEC Form 4/A

📋All filings for Semler Scientific, INC
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Douglas Murphy-Chutorian, CEO of Semler Scientific, sold a portion of his holdings in the company's common stock on August 28th and 29th, 2024.

Summary

  • On August 28, 2024, Douglas Murphy-Chutorian, the CEO of Semler Scientific, sold 780 shares of common stock at a weighted average price of $28.3164.
  • The shares were sold in multiple transactions with prices ranging from $28.25 to $28.40.
  • Following this transaction, Mr. Murphy-Chutorian directly owned 36,843 shares.
  • On August 29, 2024, Mr. Murphy-Chutorian sold an additional 10,101 shares at a weighted average price of $28.3439.
  • These shares were sold in multiple transactions with prices ranging from $28.1656 to $28.5377.
  • Following this transaction, Mr. Murphy-Chutorian directly owned 26,742 shares.
  • Mr. Murphy-Chutorian also indirectly owns 23,571 shares through a family trust.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to the CEO selling shares, which could indicate a lack of confidence in the company's future performance, or simply be part of a diversification strategy.

Negatives

  • The CEO's sale of shares could be interpreted negatively by investors.

Risks

  • Further sales of shares by the CEO could put downward pressure on the stock price.

Industry Context

Insider selling is a common occurrence, and its impact on the stock price can vary depending on the size of the sale and the overall market sentiment.

Stakeholder Impact

  • Shareholders may react to the CEO's stock sale.

Key Dates

DateDescription
08/28/2024CEO sold 780 shares of common stock.
08/29/2024CEO sold 10,101 shares of common stock.
08/30/2024Original Form 4 filing date.
09/06/2024Date of signature on the amended Form 4/A.

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