Brooks Jayme L. 4
Research Summary
AI-generated summary
Limbach (LMB) CFO Jayme L. Brooks Sells Shares
What Happened
- Jayme L. Brooks, Chief Financial Officer of Limbach Holdings, sold a total of 9,910 shares in open‑market transactions on March 17, 2026, generating aggregate proceeds of about $778,551. The sales were executed in five tranches:
- 2,637 shares at a weighted average $77.10 — $203,325
- 4,167 shares at a weighted average $78.07 — $325,319
- 460 shares at a weighted average $78.80 — $36,250
- 1,546 shares at a weighted average $80.28 — $124,114
- 1,100 shares at a weighted average $81.40 — $89,543
- These were sales (dispositions), not purchases.
Key Details
- Transaction date: March 17, 2026; Form 4 filed March 18, 2026 (timely).
- Reported weighted prices and proceeds shown above; several tranches were executed in multiple trades at price ranges (see footnotes) — per the filing, detailed per‑trade prices are available on request:
- tranche price ranges: ~$76.57–77.56; 77.57–78.54; 78.57–79.17; 79.99–80.74; 81.16–81.87.
- Total shares sold: 9,910; total proceeds: ~$778,551.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Notable footnotes:
- F1: These sales were made under a 10b5‑1 trading plan adopted Dec 16, 2025 (pre‑arranged plan).
- F2–F6: Trades executed in multiple lots; weighted averages reported.
- F7: Some shares are held by the Brooks Family Trust; the reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
Context
- Sales under a 10b5‑1 plan are typically pre‑scheduled and do not necessarily reflect an insider’s current view of the company—they are routine mechanisms for executives to sell shares while minimizing insider-trading concerns.
- For retail investors: purchases by insiders tend to carry more informational weight than scheduled sales; treat this filing as a routine, pre‑arranged disposition unless other material developments suggest otherwise.