Burgum Melissa A 4
Research Summary
AI-generated summary
Accenture (ACN) Chief Accounting Officer Melissa Burgum Sells 3,588 Shares
What Happened
- Melissa A. Burgum, Chief Accounting Officer of Accenture plc (ACN), sold a total of 3,588 Class A ordinary shares in open-market transactions on January 26, 2026. The sales were reported in five lots: 397 @ $278.34, 500 @ $279.64, 328 @ $280.59, 2,161 @ $281.76, and 202 @ $282.38, totaling approximately $1,008,281. All transactions are coded as sales (S).
Key Details
- Transaction date: 2026-01-26; Form 4 filed 2026-01-27 (timely filing).
- Reported per-lot weighted-average prices: $278.34, $279.64, $280.59, $281.76, $282.38.
- Footnoted trade price ranges (multiple executions):
- 397 shares: $277.87–$278.685 (F2)
- 500 shares: $278.915–$279.80 (F3)
- 328 shares: $280.135–$281.105 (F4)
- 2,161 shares: $281.21–$282.18 (F5)
- 202 shares: $282.32–$283.25 (F6)
- Planned disposition: Filing notes a Rule 10b5-1 trading plan was used for the planned disposition (F1).
- Shares owned after transaction: Not specified in the provided excerpt — see the full Form 4 for post-transaction holdings.
- Transaction code: S = Sale.
Context
- These were open-market sales executed under a 10b5-1 plan, which typically indicates pre-planned, rule-compliant dispositions rather than opportunistic trades based on current company knowledge. Sales do not necessarily signal negative sentiment; they can reflect routine portfolio management, diversification, or liquidity needs.