McGahn Daniel P sold AMSC
June 11, 2024 · Form 4 insider transaction
McGahn Daniel P sold 37,165 shares of American Superconductor Corporation at $21.69 per share, a transaction worth $806.0K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Represents the number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock awards.; The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2023.; The sales were executed in multiple trades at prices ranging from $21.28-$22.03. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and price at which the transaction was effected.; Following all the transactions reported on this Form 4, the reporting person holds 1,019,956 shares directly.