SilverBow Resorces (SBOW) executive Adam sold 10,000 shares for $395K at $39.50 under a 10b5-1 plan
Insider transactions reported
Steven W Adam (executive at SilverBow Resorces Inc., SBOW) reported that they sold 10,000 shares for $395K at $39.50 on Apr 13, 2022. After these transactions the filing shows 80,035 shares held indirectly (Adam Family Living Trust).
- Reporting person
- Adam Steven W
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Apr 13, 2022 | Open-market sale (S) | Common Stock1, 2 | -10,000 | $39.50 | $395K | 80,035 indirect |
Holdings before and after
- Common Stock: 90,035 to 80,035 indirect, Adam Family Living Trust
Other positions listed
- Common Stock: 16,399 direct
- Common Stock: 6,284 indirect, IRA
Footnotes from the filing
- 1. The sales reported in this Form 4 were effected pursuant to a trading plan adopted pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
- 2. Mr. Adam and his spouse are both trustees and beneficiaries of the Adam Family Living Trust, and therefore Mr. Adam has shared voting and investment control of the shares therein.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
FAQ
What did Adam report in this SBOW Form 4?
Steven W Adam (executive at SilverBow Resorces Inc., SBOW) reported that they sold 10,000 shares for $395K at $39.50 on Apr 13, 2022. After these transactions the filing shows 80,035 shares held indirectly (Adam Family Living Trust).
How many SBOW shares does Adam hold after this filing?
The filing shows 80,035 shares held indirectly (Adam Family Living Trust) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this SBOW insider sale made under a 10b5-1 plan?
The filing's footnotes mention a Rule 10b5-1 trading plan. Such a plan sets the terms of future trades in advance.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for SBOW
Earlier insider filings at SBOW
- Mar 31, 2022SEC Form 4: Woolverton Sean C sold $351,400 worth of shares (10,000 units at $35.14) as part of a pre-agreed trading plan, decreasing direct ownership by 4% to 250,721 units
- Mar 28, 2022SEC Form 4: Adam Steven W sold $345,000 worth of shares (10,000 units at $34.50) as part of a pre-agreed trading plan
- Mar 23, 2022SEC Form 4: Adam Steven W received a gift of 8,099 shares, covered exercise/tax liability with 5,256 shares and gifted 8,099 shares, decreasing direct ownership by 45% to 16,399 units
- Mar 14, 2022SEC Form 4: Wampler Charles W sold $299,400 worth of shares (10,000 units at $29.94), decreasing direct ownership by 21% to 36,869 units
- Mar 12, 2022SEC Form 4: Woolverton Sean C sold $268,133 worth of shares (8,914 units at $30.08) as part of a pre-agreed trading plan, decreasing direct ownership by 3% to 260,721 units
- Market cap
- 30-day
- Sector
- Energy
- Industry
- Oil & Gas Production
Follow SBOW and get a push notification the moment its next story breaks.