Computer Programs and Systems (CPSI) executive Dye sold 400 shares for $11.5K at $28.73 under a 10b5-1 plan
Insider transactions reported
David A Dye (executive at Computer Programs and Systems Inc., CPSI) reported that they sold 400 shares for $11.5K at $28.73 on Jan 17, 2023. After these transactions the filing shows 46,800 shares held indirectly (By trust for benefit of reporting person, his children, and his minor child).
- Reporting person
- Dye David A
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jan 17, 2023 | Open-market sale (S) | Common Stock1, 2 | -400 | $28.73 | $11.5K | 46,800 indirect |
Holdings before and after
- Common Stock: 47,200 to 46,800 indirect, By trust for benefit of reporting person, his children, and his minor child
Other positions listed
- Common Stock: 62,765 direct
Footnotes from the filing
- 1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by a trust for the benefit of the reporting person, his children and minor child (and of which the reporting person serves as a co-trustee) on December 15, 2020, which Plan became effective February 12, 2021.
- 2. This price represents the weighted average sale price (rounded to the nearest cent) for multiple transactions reported on this line. The prices of the transactions reported on this line ranged from $28.50 to $28.87. Upon request by the Commission staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares sold at each separate price.
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 Dye report in this CPSI Form 4?
David A Dye (executive at Computer Programs and Systems Inc., CPSI) reported that they sold 400 shares for $11.5K at $28.73 on Jan 17, 2023. After these transactions the filing shows 46,800 shares held indirectly (By trust for benefit of reporting person, his children, and his minor child).
How many CPSI shares does Dye hold after this filing?
The filing shows 46,800 shares held indirectly (By trust for benefit of reporting person, his children, and his minor child) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this CPSI 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 CPSI
Earlier insider filings at CPSI
- Dec 16, 2022SEC Form 4: Dye David A sold $11,052 worth of shares (400 units at $27.63) as part of a pre-agreed trading plan
- Nov 16, 2022SEC Form 4: Douglas John B Jr gifted 2,200 shares, decreasing direct ownership by 0.94% to 230,665 units
- Nov 16, 2022SEC Form 4: Dye David A sold $11,560 worth of shares (400 units at $28.90) as part of a pre-agreed trading plan
- Nov 2, 2022SEC Form 4: Dye David A sold $24,218 worth of shares (750 units at $32.29) as part of a pre-agreed trading plan, decreasing direct ownership by 1% to 62,765 units
- Oct 25, 2022SEC Form 4: Fowler Christopher L sold $30,000 worth of shares (1,000 units at $30.00) as part of a pre-agreed trading plan, decreasing direct ownership by 2% to 65,038 units
Keep researching CPSI
- CPSI insider tradesEvery buy and sale reported by Computer Programs and Systems Inc. officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
- Insider trading trackerThe latest insider buys and sales across every stock.
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