Brooks Jayme L. 4
Research Summary
AI-generated summary
Limbach Holdings (LMB) CFO Jayme L. Brooks Sells Shares
What Happened
- Jayme L. Brooks, Chief Financial Officer of Limbach Holdings, sold a total of 4,207 shares in open-market transactions on April 8–9, 2026. The filings report 3,366 shares sold at an average price of $85.19 (proceeds $286,764) and 841 shares sold at an average price of $85.11 (proceeds $71,578), for combined proceeds of about $358,342. These were sales (not purchases) and therefore are generally routine liquidity transactions rather than a direct buy signal.
Key Details
- Transaction dates: 2026-04-08 (3,366 shares) and 2026-04-09 (841 shares). Filing date: 2026-04-10 (timely).
- Prices reported: $85.19 (weighted avg for Apr 8 trades; actual trades ranged $85.00–$85.54 per footnote) and $85.11 (weighted avg for Apr 9 trades; actual trades ranged $85.00–$85.50 per footnote). The filer can provide per-trade breakdown on request.
- Total shares sold: 4,207; total proceeds ≈ $358,342.
- Shares owned after transaction: not specified in the supplied filing excerpt (see the full Form 4 for post-transaction holdings).
- Notable footnotes: sales were made under a 10b5-1 trading plan adopted Dec 16, 2025 (F1). Multiple-trade weighted-average pricing and price ranges noted (F2, F3). Some reported shares are held by the Brooks Family Trust; the reporting person disclaims beneficial ownership except to the extent of pecuniary interest (F4).
- Filing status: Timely filed (no late filing indicated).
Context
- These were planned sales under a pre-established 10b5-1 plan, which is commonly used to schedule trades in advance and generally indicates the trades were not based on inside information. Sales reduce the insider’s holdings but do not by themselves signal a change in the company’s fundamentals. Retail investors should view this as insider liquidity activity; for full context check the insider’s remaining holdings in the complete Form 4 and other recent insider transactions.