Asch Andrew Eric 4
Research Summary
AI-generated summary
Encore Capital (ECPG) SVP/General Counsel Andrew Asch Sells Shares
What Happened Andrew Eric Asch, Senior Vice President and General Counsel of Encore Capital Group, sold a total of 9,085 shares in open-market transactions on June 9–10, 2026, generating approximately $740,640 in proceeds. Breakdown by trade:
- 6/9/2026: 6,922 shares at a weighted avg $81.52 — $564,281 (prices ranged $81.06–$81.98; see footnote F3)
- 6/9/2026: 833 shares at a weighted avg $80.51 — $67,065 (prices ranged $80.24–$80.82; see F2)
- 6/9/2026: 556 shares at a weighted avg $82.31 — $45,764 (prices ranged $82.09–$82.50; see F4)
- 6/10/2026: 774 shares at $82.08 — $63,530
These were sales (not purchases), which are often routine disposition of holdings rather than an explicit bullish signal.
Key Details
- Transaction dates: June 9, 2026 (three sales) and June 10, 2026 (one sale)
- Total shares sold: 9,085; total proceeds ≈ $740,640
- Method: Open-market sales (Form 4 reports code "S")
- Footnotes: F1 — sales executed pursuant to a Rule 10b5-1 trading plan adopted March 10, 2026; the plan is now completed. F2–F4 — reported prices are weighted averages for multiple executions; price ranges provided in the filing.
- Shares owned after transaction: Not stated in the portion of the filing provided
- Filing timeliness: Report filed June 11, 2026 for trades through June 10, 2026 (filed within the usual two-business-day Form 4 window)
Context
- These were planned sales under a Rule 10b5-1 trading plan (per F1). Such prearranged plans allow insiders to sell shares according to a preset schedule and are commonly used to avoid trading on nonpublic information. The filing is factual and does not indicate the insider’s motivation.