Harris Jennifer Noel 4
Research Summary
AI-generated summary
Brilliant Earth (BRLT) Director Jennifer Noel Harris Sells 38,356 Shares
What Happened
- Jennifer Noel Harris, a director of Brilliant Earth Group, sold a total of 38,356 shares in two open-market transactions: 20,020 shares on 2026-06-18 at a weighted-average price of $1.07 (proceeds $21,421) and 18,336 shares on 2026-06-22 at a weighted-average price of $1.03 (proceeds $18,886). Total reported proceeds ≈ $40,307. These were sales (not purchases), which are often routine insider liquidity events.
Key Details
- Transaction dates and prices:
- 2026-06-18: 20,020 shares sold, WAP $1.07, proceeds $21,421 (executed in multiple trades at $1.04–$1.12; weighted average reported) [F2].
- 2026-06-22: 18,336 shares sold, WAP $1.03, proceeds $18,886 (executed in multiple trades at $1.01–$1.06; weighted average reported) [F3].
- Trades were effected under a Rule 10b5-1 trading plan adopted 2025-08-27 [F1].
- Filing: Form 4 filed 2026-06-23 reporting the 6/18 and 6/22 trades. The 6/22 trade was reported promptly; the 6/18 trade appears to have been reported more than two business days after the trade (check the filing for any late-filing notation).
- Shares owned after the transactions: not provided in the supplied details.
Context
- These were sales under a pre-established 10b5-1 plan, which generally indicates the trades were pre-scheduled and not discretionary. Sales provide liquidity to the insider and do not necessarily signal a change in view about the company’s prospects.