Todd R. Lachman, PRESIDENT AND CEO at Sovos Brands, Inc. (SOVO), sold 202,500 shares at $16.92 ($3.4M) on 2023-04-03, disclosed to the SEC on 2023-04-05.
Open-market sale of $3.4M SOVO by PRESIDENT AND CEO. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $16.88 | 22,500 | $380K | 11.1% |
| 2 | $16.92 | 90,000 | $1.5M | 44.5% |
| 3 | $16.92 | 90,000 | $1.5M | 44.5% |
| Total | $16.92 avg | 202,500 | $3.4M | 100% |
| Filing → |
| SOVO | SELL | 2023-09-12 | $141K | — | Filing → |
| SOVO | SELL | 2023-08-30 | $1.3M | — | Filing → |
| SOVO | SELL | 2023-08-15 | $2.8M | — | Filing → |