Guzzi Anthony 4
Research Summary
AI-generated summary
EMCOR (EME) CEO Anthony Guzzi Sells 36,000 Shares
What Happened
- Anthony Guzzi, Chairman, President and CEO of EMCOR Group, sold 36,000 shares on March 5, 2026 in an open‑market transaction for a total of $26,261,280. The weighted average sale price was $729.48 per share (range $705.55–$735.36). This was a sale (not a purchase) and was executed under a pre-established Rule 10b5‑1 trading plan.
Key Details
- Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (filed within the required two business‑day window).
- Shares sold: 36,000; weighted average price $729.48; total value ≈ $26,261,280.
- Price range reported: $705.55 to $735.36; reporting person can provide per‑share price details upon request (footnote).
- Sale executed pursuant to a 10b5‑1 trading plan dated Dec 2, 2025 and effective March 5, 2026 (footnote).
- Filing notes include that some reported securities include shares issuable for restricted stock units (RSUs) and that certain securities previously gifted to a family irrevocable trust are disclaimed as beneficially owned by the reporting person.
Context
- This is an insider sale, which can be routine (e.g., scheduled under a 10b5‑1 plan) and does not, by itself, indicate management’s view of company prospects. The sale was pre‑arranged under a 10b5‑1 plan, which commonly permits scheduled dispositions irrespective of short‑term company developments.