Form 4: Verint Systems Director Richard Nottenburg Sells Shares
SEC Form 4 Filing
Director Richard Nottenburg sold 5,274 shares of Verint Systems Inc. on April 11, 2024, at an average price of $31.17 per share.
Summary
- Richard N. Nottenburg, a director of Verint Systems Inc., sold 5,274 shares of common stock on April 11, 2024.
- The shares were sold at a weighted average price of $31.17, with individual sales ranging from $31.17 to $31.22 per share.
- Following the transaction, the director's beneficial ownership of Verint Systems Inc. stock is now 0 shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales of shares by company directors are a normal part of corporate activity. It is difficult to assess the impact of this sale without knowing the director's overall investment strategy and holdings.
Stakeholder Impact
- The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 04/11/2024 | Date of stock sale transaction |
| 04/15/2024 | Date of Form 4 filing |
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