Brudermueller Martin 4
Research Summary
AI-generated summary
Accenture (ACN) Director Martin Brudermueller Sells 379 Shares for Taxes
What Happened
- Martin Brudermueller, a director of Accenture plc (ACN), had 379 shares disposed to satisfy a tax obligation related to an equity award/option exercise. The shares were disposed at $236.54 each, resulting in proceeds of approximately $89,651. This action reflects tax withholding (routine), not an open-market directional sale intended as a cash-raise decision.
Key Details
- Transaction date: 2026-02-06; Filing date: 2026-02-10 (Accession 0002007443-26-000002)
- Price per share: $236.54; Shares disposed: 379; Total value: ~$89,651
- Transaction code: F — payment of exercise price or tax liability (i.e., shares were surrendered/sold to cover taxes)
- Shares owned after transaction: not specified in the supplied filing data
- No 10b5-1 plan or other plan notation was provided in the supplied details
- The supplied data does not indicate a late-filing flag; Form 4s are generally required within 2 business days of the transaction (confirm timeliness with the full filing if needed)
Context
- This is a tax-withholding/cashless-type disposition tied to an equity award or option exercise, which is common and typically reflects tax settlement rather than a vote of confidence or a market-timing sale. Purchases by insiders tend to be more informative about bullish conviction; tax withholdings are routine and should be interpreted accordingly.