ALLISON R DIRK 4
Research Summary
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Addus (ADUS) CEO Allison R. Dirk Sells Shares
What Happened Allison R. Dirk, Chairman and CEO of Addus HomeCare Corp (ADUS), received a restricted stock award of 28,576 shares on 2026-02-20 (reported as an acquisition/award at $0). On 2026-02-23 she sold 4,535 shares in an open-market transaction at $114.91 per share, generating proceeds of $521,117. The grant is a restricted stock award (code A); the sale is reported as a routine disposition (code S).
Key Details
- Transactions: Award of 28,576 shares on 2026-02-20 (acquired at $0); sale of 4,535 shares on 2026-02-23 at $114.91 ($521,117 total).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — the 28,576 restricted shares vest in equal installments on Feb 20 of 2027, 2028 and 2029, subject to continued service and change-in-control acceleration. F2 — the sale was made pursuant to a pre-established 10b5-1 plan to satisfy tax obligations upon vesting. F3 — the 10b5-1 plan was adopted 03-04-2025.
- Filing timeliness: The Form 4 lists transactionTimeliness = 'L', indicating a late filing.
Context The award is a restricted stock grant that vests over the next three years; the small sale was executed under a 10b5-1 plan to cover tax liabilities arising from equity vesting. Sales to cover taxes or under trading plans are common and do not necessarily signal a change in insider sentiment; purchases are generally considered more indicative of positive insider conviction.