Form 4: Sterling Infrastructure Executive Sells 4,000 Shares
SEC Form 4 Filing
Mark D. Wolf, General Counsel and Corporate Secretary of Sterling Infrastructure, sold 4,000 shares of common stock on March 11, 2024.
Summary
- Mark D. Wolf, the General Counsel and Corporate Secretary of Sterling Infrastructure, Inc., sold 4,000 shares of common stock on March 11, 2024.
- The sale price was $108.155 per share.
- Following the transaction, Wolf directly owns 31,048 shares of Sterling Infrastructure, Inc.
- 6,188 of these shares are subject to restrictions on their sale or transfer and potential forfeiture.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an executive.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, potentially leading to concerns about the executive's confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction: Mark D. Wolf sold 4,000 shares of Sterling Infrastructure, Inc. common stock. |
| 03/12/2024 | Date of signature: Ronald A. Ballschmiede signed the Form 4 under a Power of Attorney. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.