LANDLESS DAVID 4/A
Research Summary
AI-generated summary
Innospec (IOSP) Director David Landless Sells 594 Shares
What Happened
- David Landless, a director of Innospec Inc. (IOSP), sold a total of 594 shares in open-market transactions on February 27, 2026. The sales were reported as 287 shares at a weighted-average price of $76.30 ($21,898) and 307 shares at a weighted-average price of $76.79 ($23,575), for total proceeds of about $45,473. These were outright sales (transaction code S), which are often routine and do not necessarily indicate a change in company outlook.
Key Details
- Transaction dates and prices:
- 2026-02-27: 287 shares sold @ weighted-average $76.30 = $21,898 (per filing)
- 2026-02-27: 307 shares sold @ weighted-average $76.79 = $23,575 (per filing)
- Combined total: 594 shares for ~$45,473.
- Shares owned after the transaction: not specified in the provided summary; see the Form 4/A for full ownership details.
- This is an amended Form 4/A filed 2026-03-06 that corrects the transaction prices reported on the original Form 4 filed 2026-03-03.
- Footnotes: The reported prices are weighted averages. The actual trades were multiple sales at price ranges of $75.5001–$76.55 (first lot) and $76.555–$77.0713 (second lot). The reporting person offers to provide the full per-trade breakdown upon request to the SEC staff, the issuer, or a security holder.
Context
- This filing reflects sales (not purchases); sales are common for liquidity or portfolio reasons and should not be taken alone as a signal of insider sentiment. The original Form 4 was filed March 3, 2026; the March 6 filing is an amendment to correct price reporting.