Form 4: Welltower Inc. Director Kenneth J. Bacon Sells Shares
SEC Form 4 Filing
Director Kenneth J. Bacon of Welltower Inc. sold 2,200 shares of common stock and gifted 700 shares on December 9, 2024.
Summary
- Kenneth J. Bacon, a director at Welltower Inc., sold 2,200 shares of common stock on December 9, 2024.
- The sale price was a weighted average of $130.19 per share, with individual transactions ranging from $130.16 to $130.21.
- Additionally, Mr. Bacon gifted 700 shares of common stock on the same day.
- Following these transactions, Mr. Bacon directly owns 11,679 shares of Welltower Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine Form 4 filing, indicating a director's stock transactions. It doesn't inherently suggest positive or negative sentiment about the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the transactions of company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
- The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.
- Comparable companies would also have similar filings when their directors or officers trade shares.
Stakeholder Impact
- The sale of shares by a director may be of interest to shareholders, but it is a common occurrence and does not necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 12/09/2024 | Date of the stock sale and gift transaction. |
| 12/10/2024 | Date the Form 4 was signed. |
Keywords
Welltower Inc., Kenneth J. Bacon, stock sale, director, share transaction, common stock, Form 4, insider trading
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