Brooks Jayme L. 4
Research Summary
AI-generated summary
Limbach (LMB) CFO Jayme L. Brooks Sells 2,173 Shares
What Happened
- Jayme L. Brooks, Chief Financial Officer of Limbach Holdings, sold 2,173 shares on April 24, 2026. The shares were disposed at a weighted-average price of $100.05 per share for a total value of approximately $217,412. This was a sale (not a purchase).
Key Details
- Transaction date: April 24, 2026; Form 4 filed April 28, 2026 (filed four days after the trade).
- Price(s): weighted average $100.05; executed in multiple trades at prices ranging $100.00–$100.50. The filer will provide per-trade breakdown on request (footnote).
- Total shares sold: 2,173; total proceeds ≈ $217,412.
- Plan/authorization: Sale executed under a pre‑arranged 10b5‑1 trading plan adopted December 16, 2025 (footnote).
- Trust holdings: Some shares are held by the Brooks Family Trust; the reporting person and spouse are trustees and disclaim beneficial ownership except to the extent of pecuniary interest (footnote).
- Shares owned after transaction: Not specified in the provided filing summary.
- Timeliness: Filed April 28 for an April 24 trade — outside the usual two-business-day Form 4 window.
Context
- Sales under a 10b5‑1 plan are pre‑scheduled transactions and are commonly used to avoid appearance of trading on material nonpublic information; they do not necessarily indicate a change in the insider’s view of the company.
- For retail investors, purchases are generally more informative about insider confidence; this filing documents a routine, pre-arranged sale.