WATTENBARGER MICHAEL D. 4
4 · Addus HomeCare Corp · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Addus (ADUS) EVP Michael Wattenbarger Sells 892 Shares
What Happened Michael D. Wattenbarger, EVP and Chief Information Officer of Addus HomeCare Corp (ADUS), sold a total of 892 shares in two open-market transactions: 592 shares on 2026-02-24 at $107.35 each ($63,551) and 300 shares on 2026-02-25 at $105.36 each ($31,608), for aggregate proceeds of approximately $95,159. These were sales (not purchases) and thus do not indicate a purchase-based bullish signal.
Key Details
- Transaction dates & prices: 2026-02-24 — 592 shares @ $107.35; 2026-02-25 — 300 shares @ $105.36.
- Total shares sold: 892; total proceeds: ~$95,159.
- Purpose/footnotes: Sales were made pursuant to a pre-established 10b5‑1 trading plan to satisfy tax obligations upon vesting of restricted stock awards (10b5‑1 plan adoption date: 03/05/2025).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Report filed 2026-02-26; appears to be timely relative to the trade dates.
Context These sales were executed under a 10b5‑1 plan and cited tax withholding for vested restricted stock — a common, pre-arranged mechanism for executives to sell shares to cover taxes. Such sales are typically considered routine and do not, by themselves, imply management sentiment about the company’s near‑term prospects.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-24$107.35/sh−592$63,551→ 9,744 total - Sale
Common Stock
[F1][F2]2026-02-25$105.36/sh−300$31,608→ 9,444 total
Footnotes (2)
- [F1]This transaction reflects the sale of shares, made pursuant to a previously established 10b5-1 plan, for the purpose of satisfying tax obligations due upon the vesting of restricted stock awards granted by the Issuer.
- [F2]Adoption date of referenced 10b5-1(c) plan is: 03/05/2025