Roberts Chad 4
Research Summary
AI-generated summary
Flowco (FLOC) EVP Chad Roberts Sells 8,300 Shares
What Happened
Chad Roberts, Executive Vice President, Production Solutions at Flowco Holdings Inc. (FLOC), sold 8,300 shares on February 2, 2026 at $21.45 per share, generating proceeds of $178,035. The transaction is reported as a sale (S) and was executed pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: February 2, 2026
- Price per share: $21.45; Shares sold: 8,300; Total proceeds: $178,035
- Transaction type: Sale (open market or private sale) reported on Form 4 filed Feb 3, 2026 — filing appears timely (transaction reported the next day)
- Footnote: Sales were effected under a Rule 10b5-1 trading plan adopted May 14, 2025 (pre-arranged plan)
- Shares owned after the transaction: Not specified in the provided summary of the filing
Context
A Rule 10b5-1 plan lets insiders sell shares according to a scheduled plan established when they were not in possession of material nonpublic information; such sales are often routine and do not necessarily indicate a change in sentiment about the company. For retail investors, purchases generally carry more direct informational weight than sales, though sales can affect float and share supply.