NPK International (NPKI) CAO Warren James Sells 2,991 Shares

What Happened

• Warren Matthew James, Chief Accounting Officer of NPK International, sold 2,991 shares on 2026-09-09. The weighted average sale price was $13.41, for total proceeds of approximately $40,113. The shares were sold in multiple open-market transactions at prices ranging from $13.33 to $13.51. This was a sale (disposition), which is generally a routine liquidity event rather than an affirmative bullish signal.

Key Details

• Transaction date: 2026-09-09; Form 4 filed: 2026-09-10 (timely filing).
• Shares sold: 2,991; weighted average price: $13.41; proceeds ≈ $40,113.
• Price range: $13.33–$13.51 across multiple trades (report notes weighted average).
• Shares owned after transaction: not disclosed in the provided filing information.
• Footnotes: F1 — sale occurred automatically pursuant to a Rule 10b5-1 trading plan adopted 12/17/2025. F2 — price shown is weighted average; reporting person can provide per-price breakdown on request.
• Transaction code: S (Sale).

Context

• Trades made under a Rule 10b5-1 trading plan are pre-scheduled and often executed automatically, which can limit what the sale indicates about the insider’s view of the company. Sales are common for tax or personal-liquidity reasons; retail investors should treat purchases as more informative of insider confidence.