Cleminson Ian 4/A
Research Summary
AI-generated summary
Innospec (IOSP) CFO Ian Cleminson Sells 2,380 Shares
What Happened
Ian Cleminson, EVP & CFO of Innospec Inc. (IOSP), sold a total of 2,380 shares in open-market transactions on February 27, 2026. The amended Form 4 reports two aggregated sale entries: 1,149 shares at a weighted-average price of $76.30 (proceeds $87,669) and 1,231 shares at a weighted-average price of $76.79 (proceeds $94,528), for combined proceeds of about $182,197. This was a sale (S), not a purchase.
Key Details
- Transaction date: 2026-02-27 (sales reported in amended Form 4 filed 2026-03-06; original Form 4 filed 2026-03-03).
- Reported lots: 1,149 shares @ $76.30 = $87,669; 1,231 shares @ $76.79 = $94,528. Total 2,380 shares / ~$182,197.
- Footnotes: This is a Form 4/A amending the earlier Form 4 to correct the transaction prices. The reported prices are weighted averages; the sales occurred in multiple trades at prices ranging from $75.5001 to $76.55 (first lot) and $76.555 to $77.0713 (second lot). The filer offers to provide a full breakdown of quantities/prices on request.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Transaction type: open-market sale (code S). No option exercise, gift, or tax-withholding noted.
- Filing status: amended filing submitted; original Form 4 was filed March 3, 2026 and corrected by this Form 4/A.
Context
Insider sales are common and can reflect many personal or portfolio reasons; they do not by themselves indicate company performance. Purchases typically carry more weight as a bullish signal. This filing corrects price reporting only — no other transaction type changes were indicated.