Form 4: Veralto Corp Executive Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Surekha Trivedi, SVP of Strategy & Sustainability at Veralto Corp, sold shares of common stock on November 1, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- On November 1, 2024, Surekha Trivedi, SVP of Strategy & Sustainability at Veralto Corp, executed a sale of Veralto Corp common stock.
- The sales were conducted under a Rule 10b5-1 trading plan adopted on April 29, 2024.
- Two transactions occurred on November 1, 2024, both at a price of $102.91 per share.
- The first transaction involved the sale of 689 shares, and the second involved the sale of 63 shares.
- Following these transactions, Ms. Trivedi directly owns 10,413 shares of Veralto Corp common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a standard Form 4 filing for pre-planned stock sales.
Industry Context
This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.
Stakeholder Impact
- The stock sale by an executive could have a minor negative impact on shareholder sentiment, but the pre-planned nature of the sale mitigates this.
Key Dates
| Date | Description |
|---|---|
| 04/29/2024 | Date the reporting person adopted the Rule 10b5-1 trading plan |
| 11/01/2024 | Date of the stock sale transactions |
| 11/04/2024 | Date of the signature on the Form 4 filing |
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