DOUMET ANTOINE M 4
Research Summary
AI-generated summary
USLM Director Antoine Doumet Exercises Options, Sells 12,000 Shares
What Happened
- Antoine M. Doumet, a director of United States Lime & Minerals, exercised derivative securities (transaction code M) on 2026-03-17. The filing shows 12,000 shares acquired at an exercise price of $10.71 ($128,520) and 12,000 shares disposed at the same $10.71 figure ($128,520). Combined, the transactions involve $257,040 in the exercise/conversion activity.
- The filing reports both an acquisition and a simultaneous disposition of 12,000 shares, resulting in no net increase in shares held from these entries as reported.
Key Details
- Transaction date: 2026-03-17; price per share: $10.71
- Acquired: 12,000 shares (value $128,520); Disposed: 12,000 shares (value $128,520)
- Total gross value involved: $257,040
- Shares owned after transaction: not specified in the provided filing excerpt
- Footnotes/plans: no 10b5-1 plan, tax-withholding note, or other footnotes shown in the provided data
- Filing date: 2026-03-18 — filed timely for a 3/17 transaction (not indicated late)
Context
- Transaction code M indicates an exercise or conversion of derivative securities (e.g., stock options). The simultaneous sale of an equal number of shares is commonly a sell-to-cover or broker-assisted disposition to satisfy exercise costs/taxes; the filing shows both events but does not state the reason.
- For retail investors: an exercise with an immediate partial or equal sale is often routine (liquidity/tax-related) and does not necessarily signal a bullish or bearish view by the insider.