JACOBSEN RENE 4
Research Summary
AI-generated summary
ABM COO Rene Jacobsen Sells 9,339 Shares
What Happened
- Rene Jacobsen, Chief Operating Officer of ABM Industries (ABM), sold 9,339 shares on February 9, 2026. The weighted-average sale price was $47.23, for total proceeds of approximately $441,063. This was a sale (not a purchase) and therefore is generally viewed as a routine disposition rather than a bullish signal.
Key Details
- Transaction date: 2026-02-09; Filing date: 2026-02-10 (filed timely).
- Price: weighted average $47.23; individual trade prices ranged from $46.895 to $47.415 (shares sold in multiple transactions).
- Transaction type: Open-market/private sale (Code S).
- Shares owned after the transaction: not specified in the summary information provided on this Form 4.
- Footnotes of note:
- F1: Sale was effected under a pre-established Rule 10b5-1 trading plan.
- F2: Weighted-average price reported; reporting person can provide a breakdown of shares sold at each price in the stated range.
- F3: Indicates ownership totals include shares acquired via dividend reinvestment (exempt under Rule 16a-11).
Context
- A 10b5-1 plan means the sale was pre-planned and executed under a program that can reduce the appearance of trades timed by inside information; it does not necessarily reflect current views on the company.
- Sales are common among insiders for diversification, tax or liquidity reasons; they are less informative about future company performance than purchases.