FOLLIARD THOMAS J 4
Research Summary
AI-generated summary
PulteGroup Director Thomas J. Folliard Sells 37,000 Shares
What Happened
Thomas J. Folliard, a director of PulteGroup, sold 37,000 shares of PHM stock in open-market transactions on February 5, 2026. The reported total proceeds were $4,959,406, based on a weighted average price of $134.04 per share. The filing notes the shares were sold in multiple trades at prices ranging from $132.81 to $135.54.
Key Details
- Transaction date: 2026-02-05 (reported on Form 4 filed 2026-02-06). Filing appears timely (filed one day after the transaction date).
- Transaction type: Open-market sale (Code S).
- Shares sold: 37,000; weighted average price: $134.04; total reported proceeds: $4,959,406.
- Price range: $132.81 to $135.54 (footnote states sales occurred across multiple transactions; breakdown available on request).
- Shares owned after the transaction: Not disclosed in this Form 4.
- No 10b5-1 plan, grant, exercise, or tax-withholding note is referenced in the filing.
Context
This was a straight sale by a company director. Sales by insiders can be routine (diversification, liquidity, tax planning) and do not by themselves indicate a change in company outlook. For retail investors, purchases are often more informative about insider confidence; this filing documents a significant-dollar sale but provides no additional context for the proceeds or holdings.