Barrocas Mark 4
Research Summary
AI-generated summary
SharkNinja CEO Mark Barrocas Sells 46,511 Shares
What Happened
- Mark Barrocas, CEO of SharkNinja, reported a sale of 46,511 ordinary shares on February 26, 2026. The shares were disposed at $129.00 each for a total transaction value of $5,999,919. This was a sale (S) reported as an open-market or private sale and is typically a routine disposition rather than a signal of company performance.
Key Details
- Transaction date and price: Feb 26, 2026 — 46,511 shares at $129.00 per share.
- Total proceeds: $5,999,919.
- Shares owned after transaction: Not disclosed in the provided Form 4 excerpt.
- Footnote: The filing notes (F1) that it "includes 38,315 ordinary shares that were inadvertently omitted from the Form 3 filed by the Reporting Person on January 2, 2026," correcting prior ownership reporting.
- Timeliness: Form 4 was filed on Feb 26, 2026 (same day as the report date), indicating a timely filing.
Context
- Sales by executives are common for liquidity, diversification, tax, or personal reasons; they are factual disclosures and do not by themselves indicate the company’s outlook. The filing does not mention a 10b5-1 plan or that the sale was part of an automatic plan, nor does it specify whether the sale was open-market versus private beyond the general coding.