Form 4: Varex Imaging Corp SVP and CLO Kimberley E. Honeysett Reports Stock Sale
SEC Form 4
Kimberley E. Honeysett, SVP and CLO of Varex Imaging Corp, reports the sale of 2,860 shares of common stock at $17.37 per share.
Summary
- Kimberley E. Honeysett, SVP and CLO of Varex Imaging Corp, filed a Form 4 on March 19, 2024, reporting changes in beneficial ownership of Varex Imaging Corp [VREX] stock.
- On March 15, 2024, Honeysett sold 2,860 shares of common stock at a price of $17.37 per share.
- The sale was executed under a 10b5-1 trading plan adopted on December 15, 2023.
- Following the transaction, Honeysett directly owns 2,853 shares of common stock and indirectly owns 195 shares through a trust.
- The reported holdings include 275 shares purchased under the Varex Imaging Corporation 2017 Employee Stock Purchase Plan since the last Form 4 filing.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The stock sale by a company insider could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the executive's motives.
Key Dates
| Date | Description |
|---|---|
| December 15, 2023 | Date of adoption of the 10b5-1 trading plan |
| March 15, 2024 | Date of stock sale transaction |
| March 19, 2024 | Date of Form 4 filing |
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