BLESSING CLIFF DONALD 4
Research Summary
AI-generated summary
Addus (ADUS) EVP Donald Blessing Sells 527 Shares
What Happened
Donald Blessing, Executive Vice President & Chief Development Officer of Addus HomeCare Corp (ADUS), sold a total of 527 shares in two open-market transactions to satisfy tax obligations tied to vested restricted stock. He sold 350 shares on 2026-02-24 at $107.14 each (proceeds $37,499) and 177 shares on 2026-02-25 at $105.36 each (proceeds $18,649), for combined proceeds of about $56,148. These were sales (not purchases) and are described in the filing as executed under a previously established 10b5-1 trading plan.
Key Details
- Transaction dates and prices:
- 2026-02-24: sold 350 shares @ $107.14 — $37,499
- 2026-02-25: sold 177 shares @ $105.36 — $18,649
- Total shares sold: 527; total proceeds ≈ $56,148.
- Footnotes: Sale executed pursuant to a 10b5-1(c) plan established to satisfy tax withholding on vested restricted stock awards. 10b5-1 plan adoption date: 03/14/2025.
- Shares owned after the transactions: not specified in the information provided here (see the full Form 4 for post-transaction holdings).
- Filing: Form 4 filed on 2026-02-26 — appears timely based on the reported transaction dates.
Context
- These were routine sales under a standing 10b5-1 plan to cover tax obligations from vesting, which is common and does not necessarily signal a change in the insider’s view of the company.
- For retail investors, purchases generally carry more informational weight than routine sales; this filing documents a tax-related disposition rather than an opportunistic sale.