Form 4: Veralto Corp Executive Sells Shares Under 10b5-1 Trading Plan

Surekha Trivedi, SVP of Strategy & Sustainability at Veralto Corp, sold 7,399 shares of common stock at $110 per share on August 21, 2024, as part of a pre-arranged 10b5-1 trading plan.

Summary

• Surekha Trivedi, SVP of Strategy & Sustainability at Veralto Corp, reported a transaction involving the company's common stock on August 21, 2024.
• The transaction involved the sale of 7,399 shares at a price of $110 per share.
• This sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on April 29, 2024.
• Following the transaction, Ms. Trivedi directly owns 12,671 shares of Veralto Corp common stock.
• Ms. Trivedi also exercised stock options to acquire 7,399 shares at $33.19 per share on the same day.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a routine transaction under a pre-existing trading plan. There is no indication of positive or negative implications for the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. The use of 10b5-1 plans is a common practice to allow insiders to sell shares without being accused of trading on non-public information.

Key Dates