Briggs Lori 4

What Happened
Lori Briggs, VP & President, Industrial Solutions at NPK International Inc., reported the sale of 8,325 shares on June 8, 2026. The shares were disposed in open-market transactions for a total of $122,790 at a weighted average price of $14.75 per share. This was a sale (not a purchase), which is generally viewed as routine insider selling rather than a direct bullish signal.

Key Details

• Transaction date: June 8, 2026; Form 4 filed June 9, 2026 (timely within the required reporting window).
• Shares sold: 8,325; weighted average price reported: $14.75; total proceeds: $122,790.
• Price range: sales occurred in multiple trades at prices between $14.40 and $15.03 (inclusive).
• Shares owned after the transaction: not disclosed in this Form 4.
• Footnote: Sale executed automatically under a Rule 10b5-1 trading plan adopted December 15, 2025; reporting person will provide a per-price breakdown on request.

Context
A Rule 10b5-1 plan allows insiders to set up prearranged trades, which can make sales routine and reduce the implication that the insider is acting on nonpublic information. Because this transaction was an automatic plan sale and not a purchase, it should be interpreted as a routine disposition rather than explicit insider confidence in the stock.