4Accepted Sep 16, 5:07 PM ET
StealthGas (GASS) Director Michael Jolliffe Sells Shares
Accepted (ET)
5:07 PM
Sep 16, 2026
Filed
Sep 16, 2026
Documents
1
Size
7.5 KB
Summary
StealthGas (GASS) Director Michael Jolliffe Sells Shares
What Happened
Michael Jolliffe, a director of StealthGas Inc. (GASS), sold a total of 37,500 shares in open-market/private sales: 1,300 shares on 2026-09-14 at a weighted average price of $9.21 ($11,972) and 36,200 shares on 2026-09-15 at a weighted average price of $9.25 ($334,995). These were sales (dispositions), not purchases or option exercises.
Key Details
- Transaction dates: 2026-09-14 (1,300 shares, $9.21 weighted avg, $11,972) and 2026-09-15 (36,200 shares, $9.25 weighted avg, $334,995). Combined proceeds ≈ $346,967.
- Report filed: Form 4 dated 2026-09-16 (appears timely; Form 4 must be filed within two business days).
- Price details/footnotes: 9/14 price is a weighted average for multiple trades at $9.20–$9.23 (Footnote F1). 9/15 price is a weighted average for multiple trades at $9.20–$9.31 (Footnote F3). The reporting person offers to provide per-trade breakdowns on request.
- Holdings correction: Footnote F2 notes the Form 3 filed 2026-03-18 understated Jolliffe’s holdings by 25,000 shares; this Form 4 corrects that error. The filing excerpt provided does not state the exact post-sale beneficial ownership total.
Context
- These were ordinary share sales (S code) and do not indicate an acquisition or option exercise. Sales by insiders can be routine for diversification or liquidity; they are factual disclosures rather than explicit signals of company performance.
- No 10b5‑1 plan, tax-withholding, or gift designation was indicated in the provided notes; no speculation on motive is made.