Public Policy Holding Co. (PPHC) Director Austin Nealean Sells Shares

What Happened

• Austin Keenan Nealean, a director of Public Policy Holding Company, Inc. (PPHC), sold 2,033 common shares in an open-market transaction on August 24, 2026.
• The reported volume-weighted average sale price was $10.94 per share, producing total proceeds of approximately $22,233. Reported sale prices ranged from $10.56 to $11.27.

Key Details

• Transaction date: 2026-08-24 (Period of Report); Form 4 filed 2026-08-25.
• Transaction type: Sale (S) — open market; 2,033 shares sold.
• Price: VWAP $10.94; price range $10.56–$11.27. Footnote indicates the filer can provide the exact number of shares sold at each separate price upon request by the SEC, the company, or a security holder.
• Shares owned after transaction: Not specified in the provided excerpt.
• Timeliness: Filing was made the day after the transaction (within typical Form 4 timing), not indicated as late.
• No footnotes indicate a 10b5-1 plan, option exercise, gift, or tax-withholding event in the provided details.

Context

• This was a sale by a company director. Sales are common and do not alone indicate company outlook or wrongdoing; purchases are generally more indicative of positive insider sentiment.
• The footnote clarifies the reported price is a VWAP and that a breakdown by individual sale price is available on request.