Ardmore Shipping Corp·4

May 19, 5:17 PM ET

McWilliams Curtis B 4

Research Summary

AI-generated summary

Updated

Ardmore Shipping (ASC) Director Curtis B. McWilliams Sells Shares

What Happened
Curtis B. McWilliams, a director of Ardmore Shipping Corp (ASC), sold a total of 17,125 common shares in two open-market transactions. He sold 848 shares on 2026-05-15 at a weighted-average price of $19.01 for proceeds of $16,120, and 16,277 shares on 2026-05-18 at a weighted-average price of $19.38 for proceeds of $315,448. Total proceeds reported: approximately $331,568. These were sales (not purchases).

Key Details

  • Transaction dates/prices:
    • 2026-05-15: 848 shares sold, weighted avg $19.01 (prices actually ranged $19.00–$19.03) — $16,120 (see footnote F1).
    • 2026-05-18: 16,277 shares sold, weighted avg $19.38 (prices actually ranged $19.03–$19.90) — $315,448 (see footnote F2).
  • Filing date: 2026-05-19 (the Form 4 was filed within the typical two-business-day window).
  • Shares owned after transaction: Not specified in the information provided in this summary.
  • Footnotes: Weighted-average sale prices reported; the filing states the reporting person can provide a breakdown of shares sold at each price within the ranges on request.

Context
Insider sales are common and can reflect many reasons (portfolio rebalancing, liquidity needs, planned selling programs). They are factual data points but do not by themselves indicate company performance or insider outlook. Purchases tend to carry more weight when interpreting insider sentiment.