Eugene Sheridan, President & CEO at Navitas Semiconductor Corp (NVTS), sold 1,824,000 shares at $3.03 ($5.5M) on 2024-08-28, disclosed to the SEC on 2024-08-30.
Scheduled sale ($5.5M) by President & CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $3.03 | 453,190 | $1.4M | 24.8% |
| 2 | $3.03 | 453,190 | $1.4M | 24.8% |
| 3 | $3.04 | 265,148 | $806K | 14.6% |
| 4 | $3.04 | 265,148 | $806K | 14.6% |
| 5 | $3.03 | 193,662 | $587K | 10.6% |
| 6 | $3.03 | 193,662 |
| $587K |
| 10.6% |
| Total | $3.03 avg | 1,824,000 | $5.5M | 100% |
| Filing → |
| NVTS | SELL | 2024-03-15 | $369K | — | Filing → |
| NVTS | SELL | 2023-11-06 | $398K | — | Filing → |
| NVTS | SELL | 2023-10-06 | $426K | — | Filing → |