ORR R DOUGLAS 4
Research Summary
AI-generated summary
FirstCash (FCFS) CFO Orr R. Douglas Sells 3,000 Shares
What Happened
Orr R. Douglas, Chief Financial Officer of FirstCash Holdings, Inc. (FCFS), sold a total of 3,000 shares of FirstCash common stock in three reported transactions on 2026-05-18. Each block was 1,000 shares sold at $227.32, $227.31, and $227.28, respectively, for an aggregate proceeds of $681,910. The sales are reported under code S (sale) and were made pursuant to a 10b5‑1 preset diversification program.
Key Details
- Transaction date: 2026-05-18; Filing date: 2026-05-19 (Form 4 filed the next day).
- Individual trades: 1,000 shares @ $227.32 ($227,320); 1,000 shares @ $227.31 ($227,310); 1,000 shares @ $227.28 ($227,280). Total = 3,000 shares / $681,910.
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1: Sales executed under a 10b5‑1 plan dated June 2, 2025; 12,000 shares remain available for sale under that plan subject to timing and minimum price conditions.
- F2: Some reported securities are held by a spousal trust (spouse is trustee).
- F3: Some reported securities are held by a family limited partnership; the reporting person disclaims beneficial ownership except for his pecuniary interest.
- Transaction type reported as "Open market or private sale" (S).
Context
Sales under 10b5‑1 plans are usually pre‑planned diversification transactions and are common for insiders; they do not necessarily reflect the insider’s current view of the company. The filing appears timely (filed the business day after the trades).