Anderson Darby 4
Research Summary
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Addus (ADUS) EVP Darby Anderson Sells 1,129 Shares
What Happened Darby Anderson, Executive Vice President and Chief Government Relations Officer of Addus HomeCare Corp (ADUS), sold a total of 1,129 shares in two transactions on Feb 24–25, 2026. On 2026-02-24 he sold 733 shares at $106.98 each (proceeds $78,416) and on 2026-02-25 he sold 396 shares at $105.36 each (proceeds $41,723), for combined proceeds of approximately $120,139. These were sales (not purchases) and thus do not represent insider buying.
Key Details
- Transaction dates and prices:
- 2026-02-24: 733 shares @ $106.98 — $78,416
- 2026-02-25: 396 shares @ $105.36 — $41,723
- Total shares sold: 1,129; total proceeds: ~$120,139.
- Transaction type: Sale (SEC code "S"); reported as open market or private sale.
- Footnote: Sales executed pursuant to a previously established 10b5-1 trading plan to satisfy tax obligations from the vesting of restricted stock awards.
- 10b5-1 plan adoption date: 2025-03-05.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Filing: Report filed on 2026-02-26 (appears timely given the transaction dates).
Context These sales were made under a 10b5-1(c) plan and are described as intended to cover tax withholding obligations tied to vested restricted stock awards. Sales under pre-established 10b5-1 plans are common and typically reflect planned, rule-compliant dispositions rather than a direct statement about the insider’s view of the company.