Form 4: TransMedics Group SVP Nicholas Corcoran Sells Shares
SEC Form 4 Filing
Nicholas Corcoran, SVP of Supply Chain and Operations at TransMedics Group, sold 3,222 shares of common stock at an average price of $129.91 on May 6, 2024.
Summary
- On May 6, 2024, Nicholas Corcoran, SVP of Supply Chain and Operations at TransMedics Group, sold 3,222 shares of common stock.
- The shares were sold at a weighted average price of $129.91.
- The sales occurred in multiple transactions with prices ranging from $129.795 to $129.975.
- Following the transaction, Corcoran directly owns 21,105 shares of TransMedics Group.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, reporting an insider stock sale. It's a neutral event, not inherently positive or negative.
Industry Context
Insider sales are a common occurrence and can be for a variety of reasons, not necessarily indicative of the company's performance or future prospects. However, significant insider selling can sometimes be viewed negatively by investors.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on their perception of insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of stock sale transaction |
| 05/08/2024 | Date of Form 4 filing |
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