OLIVER DAVID R JR 4
Research Summary
AI-generated summary
AMERICAN SUPERCONDUCTOR (AMSC) Director David R. Oliver Jr Sells 200 Shares
What Happened
David R. Oliver Jr, a director of American Superconductor Corp (AMSC), reported an open-market/private sale of 200 shares on 2026-02-24 at $34.10 per share, for total proceeds of $6,820. This was a sale (S) rather than a purchase; sales by insiders can be routine and do not necessarily indicate a change in outlook.
Key Details
- Transaction date: 2026-02-24 (reported on Form 4 filed 2026-02-26).
- Transaction type and price: Sale (open market or private) of 200 shares at $34.10 each; total $6,820.
- Shares owned after transaction: 60,707 shares directly (per filing).
- Footnotes: The sale was made for tax planning purposes (footnote F1). Footnote F2 confirms the post-transaction holding.
- Timeliness: Form 4 was filed two days after the trade date, consistent with standard Form 4 reporting timelines.
Context
This report documents a small insider sale (200 shares) and notes the director still holds a substantial position (60,707 shares). For retail investors, purchases by insiders often carry more informational weight than small routine sales; here the filing’s footnote states the transaction was for tax planning.