Atwood Catherine R 4
Research Summary
AI-generated summary
Regional Management (RM) SVP Catherine Atwood Sells 3,000 Shares
What Happened Catherine R. Atwood, Senior Vice President and General Counsel of Regional Management Corp. (RM), sold a total of 3,000 shares in two open-market transactions for aggregate proceeds of approximately $105,068. On 2026-02-13 she sold 400 shares at a weighted average price of $35.04 (≈ $14,016). On 2026-02-17 she sold 2,600 shares at a weighted average price of $35.02 (≈ $91,052). These were sales (not purchases), which are often routine transactions.
Key Details
- Transaction dates and prices:
- 2026-02-13: 400 shares sold, weighted avg $35.04, proceeds ≈ $14,016. (Prices in this lot ranged $35.03–$35.06.)
- 2026-02-17: 2,600 shares sold, weighted avg $35.02, proceeds ≈ $91,052. (Prices in this lot ranged $35.00–$35.21.)
- Total shares sold: 3,000; total proceeds: ≈ $105,068.
- Shares owned after the transactions: Not disclosed in the excerpt of the filing provided.
- Notable footnotes:
- Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Ms. Atwood on November 14, 2025.
- Reported prices are weighted averages; the filing provides price ranges for the multiple underlying trades and offers to provide full trade-level details on request.
- Filing timeliness: Form 4 was filed on 2026-02-18 covering trades on 2026-02-13 and 2026-02-17. The filing was within two business days of the Feb 17 sale but more than two business days after the Feb 13 sale.
Context Sales executed under a 10b5-1 plan are pre-arranged and generally considered routine rather than a direct signal of insider sentiment. For retail investors, purchases typically carry more weight as a positive signal; these transactions simply document insider liquidity under an approved trading plan.