FOULKES DAVID M 4
Research Summary
AI-generated summary
Brunswick CEO David Foulkes Sells 25,853 Shares
What Happened
- David M. Foulkes, CEO of Brunswick Corporation (BC), sold 25,853 shares in an open-market sale on May 26, 2026. The weighted-average sale price was $83.12, producing proceeds of approximately $2,148,901. The individual sale prices ranged from $82.60 to $83.53.
Key Details
- Transaction date: May 26, 2026. Weighted avg price: $83.12; price range: $82.60–$83.53. Total proceeds: ~$2,148,901. (Footnote F1)
- Shares owned after transaction: Not specified in the provided filing excerpt. Beneficial holdings noted include 889 shares acquired via dividend reinvestment in March 2026. (Footnote F2)
- Savings plan holdings: The filing estimates shares held by the savings plan trustee as of May 26, 2026; the plan uses stock-fund unit accounting so reported share counts can vary with Brunswick’s stock price. (Footnote F3)
- Filing timeliness: Report filed May 27, 2026 (one day after the trade), consistent with standard Form 4 timing requirements (timely filing).
Context
- This was a sale (disposition), not a purchase or option exercise. Sales by insiders can be for many reasons (liquidity, diversification, tax), and do not by themselves prove a change in the insider’s view of the company. Retail investors should consider this data point alongside company fundamentals and other insider activity.