Form 4: UniFirst Director Cecelia Levenstein Sells 5,500 Shares
SEC Form 4
Cecelia Levenstein, a director at UniFirst Corp, sold 5,500 shares of common stock at an average price of $155.76 on June 12, 2024.
Summary
- On June 12, 2024, Cecelia Levenstein, a director of UniFirst Corp, sold 5,500 shares of UniFirst common stock.
- The sale was executed at a weighted average price of $155.76 per share.
- The prices ranged from $155.50 to $156.07.
- Following the transaction, Levenstein directly owns 68,058 shares of UniFirst common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. A director selling shares doesn't necessarily indicate a negative outlook, but it's worth noting.
Industry Context
This is a routine disclosure of insider trading activity. It's common for directors and officers to buy and sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of the transaction: Cecelia Levenstein sold 5,500 shares of UniFirst common stock. |
| 06/14/2024 | Date of report: Form 4 filing date. |
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