Form 4: Smith & Wesson Director Robert L. Scott Sells 2,000 Shares
SEC Filing
Director Robert L. Scott sold 2,000 shares of Smith & Wesson Brands, Inc. (SWBI) common stock at a price of $16.07 per share on July 29, 2024, according to a Form 4 filing with the SEC.
Summary
- Robert L. Scott, a director of Smith & Wesson Brands, Inc., sold 2,000 shares of common stock on July 29, 2024.
- The sale price was $16.07 per share.
- Following the transaction, Scott directly owns 67,569 shares of Smith & Wesson Brands, Inc.
- The sale was executed under a pre-arranged 10b5-1 sales plan established on March 29, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock sale, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency to investors regarding the actions of company insiders.
Key Dates
| Date | Description |
|---|---|
| March 29, 2024 | Date of the 10b5-1 Sales Plan |
| July 29, 2024 | Date of the stock sale transaction |
| July 31, 2024 | Date of signature on the Form 4 filing |
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