Austin Keenan Nealean 4

What Happened
Austin Keenan Nealean, a director of Public Policy Holding Company, Inc. (PPHC), reported sales of Company stock: 468 shares on June 10, 2026 at a volume‑weighted average price of $10.19 (proceeds ~$4,769) and 1,252 shares on June 11, 2026 at a VWAP of $10.35 (proceeds ~$12,958). Total sold: 1,720 shares for aggregate proceeds of approximately $17,727. These were reported as open‑market or private sales (transaction code S) — i.e., dispositions rather than purchases.

Key Details

• Transaction dates and prices:
  • June 10, 2026 — 468 shares, VWAP $10.19 (prices ranged $10.12–$10.45) — ~$4,769 (F1)
  • June 11, 2026 — 1,252 shares, VWAP $10.35 (prices ranged $10.25–$10.45) — ~$12,958 (F2)
• Shares owned after the transactions: not specified in the provided filing.
• Footnotes: F1 and F2 state VWAPs and the price ranges; the filer will provide a per‑price breakdown on request to the SEC, the company, or a shareholder.
• Filing timeliness: Report filed June 12, 2026 covering trades on June 10–11; appears to be filed within the normal reporting window (no late‑filing flag noted).
• Transaction code: S = Sale. No 10b5‑1 plan, gift, option exercise, or tax‑withholding disclosure was indicated in the filing.

Context
Sales by officers or directors can be routine (personal liquidity, diversification, tax planning) and do not by themselves indicate company performance. This filing documents dispositions only; there were no insider purchases or option exercises reported in this filing.