Jensen Christopher L 4
Research Summary
AI-generated summary
NXP (NXPI) EVP Christopher Jensen Sells 4,576 Shares
What Happened
Christopher L. Jensen, EVP and Chief People Officer of NXP Semiconductors (NXPI), sold 4,576 shares in an open-market transaction on April 23, 2026. The shares were sold at $234.03 per share for a total proceeds of $1,070,921. This was a sale (not a purchase), and the filing notes the trade occurred automatically under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-04-23; filing date: 2026-04-27 (filed timely under the 2-business-day rule).
- Price per share: $234.03; Shares sold: 4,576; Gross proceeds: $1,070,921.
- Footnote: Sale executed automatically pursuant to a Rule 10b5-1 plan adopted on 2025-12-08.
- Shares owned after transaction: Not stated in the information provided.
- Transaction type/code: S (Sale) — open market/private sale.
Context
Sales made under Rule 10b5-1 plans are typically pre-arranged and may be scheduled regardless of near-term views on the stock; they are routine disclosures rather than direct signals of sentiment. For retail investors, purchases by insiders often carry more informational weight than routine plan-driven sales.