POFF BRIAN 4
Research Summary
AI-generated summary
Addus (ADUS) CFO Brian Poff Sells 1,858 Shares
What Happened
- Brian Poff, Chief Financial Officer of Addus HomeCare Corp (ADUS), reported two transactions: a sale of 1,858 shares in an open-market transaction and the grant of 11,431 restricted shares. The sale was at $114.91 per share for a total of $213,503. The 11,431-share award was reported as acquired at $0.00 (restricted stock award).
Key Details
- Transaction dates and prices:
- 2026-02-20: Award (A) — 11,431 shares @ $0.00 (restricted stock award).
- 2026-02-23: Sale (S) — 1,858 shares @ $114.91, total $213,503 (open market sale).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes of note:
- F1: The 11,431 restricted shares vest in equal installments on Feb 20, 2027; Feb 20, 2028; and Feb 20, 2029, subject to continued service and potential acceleration on a change in control.
- F2: The 1,858-share sale was executed under a previously established 10b5-1 plan to satisfy tax obligations arising from vesting of restricted stock.
- F3: The referenced 10b5-1(c) plan adoption date is 03/04/2025.
- Filing date: Report filed 2026-02-24; no late filing flag indicated in the provided data.
Context
- The sale was executed under a pre-established 10b5-1 plan and was described as intended to cover tax withholding tied to restricted stock vesting—this is a routine administrative sale rather than a clear market sentiment signal. The award is restricted stock that vests over three years, so those shares are subject to service-contingent vesting.