Ford Russell Wayne 4

What Happened
Ford Russell Wayne, CEO of StandardAero, sold a total of 80,000 shares of SARO stock in two open-market transactions. On 2026-02-02 he sold 40,000 shares at a weighted average price of $30.47 for $1,218,704, and on 2026-02-03 he sold 40,000 shares at a weighted average price of $30.86 for $1,234,528 — about $2,453,232 in proceeds. These were sales (not purchases), commonly used for liquidity or diversification rather than a bullish signal.

Key Details

• Transaction dates and prices:
  • 2026-02-02: 40,000 shares sold, weighted avg $30.47 (range $30.26–$30.60) = $1,218,704. (Footnote F2)
  • 2026-02-03: 40,000 shares sold, weighted avg $30.86 (range $30.50–$31.02) = $1,234,528. (Footnote F3)
• Total shares sold: 80,000; total proceeds ≈ $2,453,232.
• Footnote F1: Sales were made pursuant to a Rule 10b5-1 trading plan adopted August 18, 2025.
• Footnotes F2/F3: Reported prices are weighted averages; the filing offers to provide a breakdown of individual transaction prices on request.
• Shares owned after the transactions: not specified in the information provided in your summary.
• Filing timeliness: Report covers transactions on Feb 2–3 and was filed Feb 4, 2026 — appears timely (Form 4s are typically due within two business days).

Context
These sales were executed under a pre-established 10b5-1 plan, which allows insiders to sell shares at scheduled times and helps avoid trading while in possession of material nonpublic information. Sales are routine and do not necessarily indicate management sentiment about company prospects; purchases are generally more informative about confidence.