Schiano Dominick 4
Research Summary
AI-generated summary
Luminar (LAZRQ) Director Dominick Schiano Sells 266 Shares
What Happened
Dominick Schiano, a director of Luminar Technologies (LAZRQ), disposed of 266 shares in an open-market or private sale on March 10, 2026. The shares were sold at $0.06 each for total proceeds of $15. This was a sale (routine disposition), not a purchase.
Key Details
- Transaction date: 2026-03-10; Type: Sale (code S) — open market or private sale
- Price per share: $0.06; Total proceeds: $15
- Shares owned after transaction: Not specified in the provided filing excerpt
- Footnotes/plan details: None disclosed in the provided data (no 10b5-1, tax withholding, or award noted)
- Filing date: 2026-03-13 — Form 4s are generally due within two business days; this filing appears to have been submitted one business day after that window.
Context
Small, low-value insider sales like this are common and often routine (e.g., to cover taxes or fees) and do not necessarily indicate a change in the insider’s view of the company. For retail investors, larger or repeated purchases by insiders tend to carry more informational weight than small, isolated sales.