Jardine Gayle Michelle 4
Research Summary
AI-generated summary
Coda Octopus (CODA) Interim CFO Jardine Sells 2,256 Shares
What Happened
Jardine Gayle Michelle (Interim Chief Financial Officer) sold 2,256 shares of Coda Octopus Group, Inc. (CODA) on March 19, 2026. The shares were sold at $12.59 per share for a total proceeds of approximately $28,411. The transaction is reported on a Form 4 as a sale (transaction code S), listed as an open-market or private sale.
Key Details
- Transaction date: 2026-03-19
- Price per share: $12.59
- Shares sold: 2,256
- Total proceeds: ~$28,411
- Filing date: 2026-04-10 (Form 4 filed 22 days after the trade — appears to be a late filing)
- Shares owned after transaction: not disclosed in the provided filing summary
- Footnotes/plan disclosures: none reported in the provided data (no 10b5-1 plan or tax-withholding note shown)
Context
This was a sale, which can be routine (e.g., diversification or liquidity needs) and does not by itself indicate management sentiment about the company. The trade size (~$28K) is relatively modest compared with many insider transactions. The late filing delays public visibility into the trade; late Form 4s can limit timely investor insight and may be subject to regulatory follow-up.