Sorensen Alma Gregory 4
Research Summary
AI-generated summary
RadNet (RDNT) CSO Alma Sorensen Sells 16,000 Shares
What Happened Alma Sorensen (filed as Sorensen Alma Gregory), Chief Strategy Officer and a director of RadNet (RDNT), disposed of a total of 23,000 shares on March 19, 2026: she sold 16,000 shares in three open‑market transactions for aggregate cash proceeds of approximately $933,014, and transferred 7,000 shares as a charitable gift. The sales (not purchases) are typically routine insider selling and do not by themselves signal a company view.
Key Details
- Transactions date: 2026-03-19.
- Sales executed:
- 9,554 shares at an average reported price of $61.84 (actual sale prices ranged $61.38–$62.37) — proceeds $590,819. (Footnote F1)
- 5,346 shares at an average reported price of $62.82 (actual sale prices ranged $62.45–$63.44) — proceeds $335,836. (Footnote F2)
- 100 shares at $63.59 — proceeds $6,359.
- Gift: 7,000 shares transferred as a charitable donation (no cash proceeds). (Footnote F3)
- Total sold: 16,000 shares for about $933,014; total disposed (sold + gifted): 23,000 shares.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Notable footnotes: F1/F2 indicate reported prices are averages across multiple trades; F3 confirms the 7,000‑share transfer was a charitable gift.
- Filing timeliness: not indicated in the provided data.
Context
- Gifts of shares are charitable actions and do not necessarily reflect the insider’s market view. Sales can be for many reasons (liquidity, diversification, taxes); the filing itself does not state a motive.