Ardmore Shipping Corp·4

May 6, 4:21 PM ET

Kelleher Bart B 4

Research Summary

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Ardmore Shipping (ASC) President Bart Kelleher Sells 8,000 Shares

What Happened

  • Bart B. Kelleher, President of Ardmore Shipping (ASC), sold 8,000 shares on May 5, 2026. The transaction was a sale (Form 4) at a weighted average price of $19.07 per share, resulting in aggregate proceeds of $152,560. The actual sale prices ranged from $19.00 to $19.13.

Key Details

  • Transaction date: May 5, 2026; Form 4 filed May 6, 2026 (timely filing).
  • Transaction type/code: S = Sale (open‑market or private sale noted on form).
  • Price: weighted average $19.07; reported range $19.00–$19.13 (reporting person can provide per‑price breakdown on request).
  • Total proceeds: $152,560 (8,000 shares × $19.07 WAvg).
  • Shares owned after the transaction: not specified in the provided filing.
  • Footnotes: F1 — Sale effected under a Rule 10b5‑1 trading plan adopted Sept 12, 2025. F2 — Weighted average and price range disclosure.
  • Timeliness: Filing appears timely (transaction 5/5/2026; Form 4 filed 5/6/2026).

Context

  • The sale was executed under a pre‑arranged Rule 10b5‑1 plan, which schedules trades in advance and can indicate the transaction was automated rather than a real‑time judgment about the company. Sales are common for insiders for liquidity or diversification and are generally less informative than open‑market purchases about insider sentiment.