Chacon Quiros Juan Jose 4
Research Summary
AI-generated summary
Establishment Labs (ESTA) Director Juan Jose Chacon Quiros Sells Shares
What Happened
- Juan Jose Chacon Quiros, a director of Establishment Labs Holdings, sold 3,575 shares in an open-market transaction on March 25, 2026. The weighted-average sale price was $60.08 per share, generating proceeds of approximately $214,768. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-03-25; filing date: 2026-03-27 (filed within the typical 2-business-day window).
- Price: weighted average $60.08 per share; individual trades ranged from $60.00 to $60.32 (multiple executions).
- Total shares sold: 3,575; total proceeds: ~$214,768.
- Shares are held by Sariel Group Ltd.; the reporting person is a shareholder of Sariel Group Ltd. and has voting and dispositive power but disclaims beneficial ownership except for any pecuniary interest (footnote).
- Sale was executed under a pre-established Rule 10b5-1 trading plan (footnote), which indicates the trades were made pursuant to a prior written plan.
- Shares owned after the transaction: not disclosed in the provided filing details.
Context
- Sales by insiders can be routine (e.g., for diversification or liquidity). The use of a 10b5-1 plan and the multi-trade execution window are common mechanisms to avoid questions about trade timing; they do not by themselves indicate the insider’s view of company prospects.