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ABM ABM INDUSTRIES INC /DE/ Insider Trading

Latest: President and CEO Sold $2.3M of Shares · Jun 2026

Multiple insiders have been active at ABM INDUSTRIES INC /DE/ (ABM): 4 distinct insiders account for 0 buy filings and 11 sell filings as of Jun 2026. Its highest-significance filing in the last 90 days: President and CEO Scott B Salmirs sold $2.3M, transaction dated Jun 2026.

11 filings analyzed · Latest 2026-06-12

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Buys
0
Sells
11
Insiders
4
Direction
Net selling

ABM INDUSTRIES INC /DE/ leadership

CEO
Scott Salmirs — CHIEF EXECUTIVE OFFICER
CFO
David M. Orr — CHIEF FINANCIAL OFFICER
Chair
Sudhakar Kesavan — Chairman of the Board

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a low insider sell (n ≈ 1,162, 2024-2026). Past results don't predict the future. How we measure this ↗

June 2026
2026-06-12 10b5-1 Plan
low
President and CEO
50,000 shares
$2,317,012
@ $46.34
Significance 4

CEO Scott B Salmirs sold 50,000 ABM shares for $2.3M via scheduled 10b5-1 plan; retains 395.3K shares post-sale.

Scott B Salmirs, President and CEO of ABM Industries, executed 2 separate sales totaling 50,000 shares on 2026-06-12, generating $2,317,012.16 at a blended average price of $46.34. This sale reduces his holdings by 11.2% (from 445.3K to 395.3K shares). Critically, this transaction is part of a pre-arranged 10b5-1 trading plan, meaning it is scheduled rather than discretionary, so it cannot be interpreted as a signal of confidence or concern tied to near-term price action. At ABM specifically, Salmirs' prior 5 trades have shown mixed outcomes, with three 2025 sales posting significant 30-day declines (ranging from -14.2% to -11.0%), though the current stock is up 18.5% over the past 30 days from the transaction date context. The sale occurs with the stock trading 8.4% below its 52-week high, and fundamentals show moderate health (4.6% revenue growth, 17.01 P/E, $2.3B revenue).

January 2026
2026-01-15 10b5-1 Plan
medium
EVP & Chief Operating Officer
31,034 shares
$1,369,319
@ $44.12
Significance 5

ABM Industries EVP Jacobsen sells 31,034 shares at $44.12; reduces stake -37.5% to 51.7K shares

Rene Jacobsen, EVP & Chief Operating Officer, sold 31,034 shares at $44.12 on 2026-01-13, reducing his holdings by 37.5% from 82,748 to 51,714 shares. At ABM, his prior five trades show 3 of 5 prior sells were well-timed at the 90-day mark, with recent sales in 2025 experiencing declines (-1.3%, -1.9%, and -0.6% at 30 days), though two 2024 sales occurred before gains (+2.1% and +3.2% respectively). The stock trades at $45.04, down 1.5% over 30 days and 17.6% below its 52-week high, suggesting elevated selling pressure and an overall weakening trend. ABM's fundamentals remain solid with $2.2B in revenue and a P/E of 13.77, but the magnitude of this stake reduction by a senior operating executive warrants attention to whether this reflects routine portfolio management or signals evolving confidence in the company's near-term outlook.

July 2025
2025-07-09 10b5-1 Plan
medium
EVP & Chief Operating Officer
17,250 shares
$828,571
@ $48.03
Significance 5

ABM Industries EVP Jacobsen sells 17.2K shares at $48.03; reduces stake by 19.5% to 71.3K shares held

RENE JACOBSEN, EVP & Chief Operating Officer, executed a substantial sale of 17,250 shares (17.2K shares) at $48.03 on 2025-07-07, reducing his holdings from 88.5K shares to 71.3K shares—a 19.5% reduction. The transaction occurred at a price 1.7% below the current market price of $48.87 and 18.1% below the 52-week high of $58.61. His cross-ticker track record shows 4 prior sells with an average 90-day return of -1.7% and a 50% well-timed rate; at ABM specifically, he has completed 4 prior sales with mixed timing (2 of 4 well-timed at the 90-day mark). The sale's magnitude—nearly one-fifth of his pre-transaction position—represents a material reduction in his direct equity stake in the company where he serves as operating officer. With ABM trading at a P/E of 38.48 against modest annual revenue growth of 3.2%, investors should monitor whether this stake reduction signals shifting capital allocation priorities or simply reflects diversification by a senior operational executive.

May 2025
2025-05-16 10b5-1 Plan
medium
President and CEO
37,065 shares
$1,941,209
@ $52.37
Significance 5

ABM CEO Scott Salmirs sold 37,065 shares at $52.37 on 2025-05-15, reducing stake by 9.1% to 369,656 shares

ABM Industries CEO Salmirs executed a sale of 37,065 shares at $52.37, reducing his holdings by 9.1% from pre-transaction levels of 406,721 shares. The sale occurred 2 days after an earlier 2025-05-13 transaction at the same ticker, suggesting concentrated selling activity. At the cross-ticker level, Salmirs's prior 7 open-market sells showed an 80.00% well-timed rate at the 90-day mark, indicating a pattern of selling before stock declines. At ABM specifically, his prior 3 measurable sales showed 2 of 3 were well-timed (negative 90d returns of -3.5% and -3.0%), though one sale on 2024-07-10 captured a +7.0% gain. The current stock price of $52.64 is -10.2% from the 52-week high of $58.61 and +14.2% over the 30-day period, suggesting recent momentum recovery. With a P/E of 40.81 and quarterly net income of $43.6M on $2.1B revenue, the company remains profitable but commands a relatively elevated valuation. The narrative suggests a senior executive executing deliberate reductions in a concentrated position during a period of elevated stock momentum.

2025-05-14 10b5-1 Plan
medium
President and CEO
12,935 shares
$673,434
@ $52.06
Significance 6

ABM CEO Salmirs Scott B sold 12,935 shares for $673,434.24 at blended avg $52.06 on 2025-05-12/13.

CEO Salmirs Scott B executed 2 separate sales totaling 12,935 shares (12.9K shares) for $673,434.24 ($673.4K) at a blended average price of $52.06, reducing holdings by 3.1% to 406,721 shares (406.7K shares). The sales occurred at prices ($52.09 and $52.06) modestly above the current price of $51.54 and within the 52-week range of $42.24–$58.61, placing them 12.1% below the 52-week high. His prior trading history at ABM shows a 4-of-5 well-timed sell pattern at the 90-day mark, though current liquidity needs, portfolio rebalancing, or ongoing equity-vesting schedules could explain the activity independent of price outlook. The stock's 30-day momentum of +9.8% provides context that this sale occurred during a period of strength.

2025-05-09 10b5-1 Plan
medium
EVP, President-Sales & Mktng
12,626 shares
$638,167
@ $50.54
Significance 4

EVP Sean Mahoney sells 12,626 shares of ABM at $50.54; retains 34,799 shares post-transaction

Sean Michael Mahoney, EVP and President-Sales & Marketing at ABM Industries, sold 12,626 shares at $50.54 on 2025-05-08, reducing his position from 47,425 shares to 34,799 shares (a reduction of 26.6% of his prior holdings). The sale occurred at $50.54, near the current price of $50.72 but well below the 52-week high of $58.61, placing the transaction -13.5% from the year's peak. This represents a material reduction in an executive's equity position, and the timing warrants examination relative to ABM's operating trajectory: the company reported revenue of $2,114,900,000 in the latest quarter with annual growth of 3.2%, but trades at a notably elevated P/E of 39.32, suggesting investors are pricing in expectations that current fundamentals may not fully justify. The sale stands as a discrete data point that should be monitored in conjunction with ABM's forward guidance and broader insider activity patterns.

February 2025
2025-02-11 10b5-1 Plan
low
EVP & Chief Operating Officer
10,000 shares
$528,369
@ $52.84
Significance 3

ABM COO Jacobsen sells 10,000 shares in 2 tranches for $528.4K; holds 87.8K shares post-sale.

Rene Jacobsen, EVP & Chief Operating Officer, executed 2 separate sales on 2025-02-03 totaling 10,000 shares (10.0K shares) for $528,369.32, reducing his holdings by 10.2% to 87.8K shares. The transactions occurred at blended average price of $52.84, compared to current price of $53.90 and a 52-week range of $39.83–$58.61. His prior trades at ABM (2 sells in July 2024) showed positive 90-day returns of +2.1% and +3.2%, indicating the stock rose after those sales—a pattern of poorly-timed exits relative to subsequent stock appreciation. The current sale at $52.84 sits 9.5% below the 52-week high, and the 30-day momentum is +6.9% while 90-day momentum is -5.3%, leaving the directional signal ambiguous at this stage.

October 2024
2024-10-16 10b5-1 Plan
medium
EVP & Chief Financial Officer
40,000 shares
$2,158,314
@ $53.96
Significance 5

ABM CFO Ellis Earl Ray sold 40,000 shares (46.9% of holdings) for $2,158,313.90 at blended $53.96

Ellis Earl Ray, EVP & Chief Financial Officer, executed 2 separate sales on 2024-10-14, selling 12,901 shares at $54.28 and 27,099 shares at $53.80, totaling 40,000 shares for $2,158,313.90. This represents a net reduction of 46.9% of his pre-transaction holdings, leaving him with 45,260 shares post-transaction. The blended average sale price of $53.96 compares to the current price of $53.87, with the stock trading near recent levels after a 3.6% gain over the prior 30 days and +0.2% over 90 days. As a top financial officer, Ray's substantial reduction in equity stake warrants attention regarding his confidence in the company's financial trajectory, though the absence of prior transaction context limits broader pattern assessment.

July 2024
2024-07-26 10b5-1 Plan
low
President and CEO
25,000 shares
$1,379,729
@ $55.19
Significance 3

ABM CEO Salmirs sells 25,000 shares (6.6% of holdings) for $1.4M via scheduled 10b5-1 plan on Jul 24-25

SALMIRS SCOTT B, President and CEO, executed 2 separate sales totaling 25,000 shares for $1,379,728.60 via a pre-arranged 10b5-1 trading plan on July 24-25, 2024. The sales reduced his holdings from 378,391 shares to 353,391 shares, a 6.6% reduction in his equity stake. Because this transaction is part of a scheduled 10b5-1 plan rather than a discretionary trade, it reflects a pre-programmed divestiture aligned with known dates and prices, not a judgment made based on current market conditions. With post-transaction holdings of 353,391 shares, the CEO maintains substantial equity ownership in ABM.

2024-07-16 10b5-1 Plan
medium
EVP & Chief Operating Officer
40,000 shares
$2,066,881
@ $51.67
Significance 5

ABM EVP/COO Jacobsen sells 40,000 shares for $2.1M on 2024-07-15 at blended average $51.67; retains 72.1K shares.

Rene Jacobsen, EVP & Chief Operating Officer of ABM Industries, executed 2 separate sales on July 15, 2024, totaling 40,000 shares for $2,066,880.92. This represents a reduction of 35.7% of his pre-transaction holdings (from 112.1K to 72.1K shares), a material decrease in personal stake. The sales occurred at a blended average price of $51.67, near the current price of $52.93 (at the 52-week high), and the stock has appreciated 7.6% over the prior 30 days and 21.3% over 90 days. At a forward-looking P/E of 13.33, ABM is relatively fairly valued on current fundamentals. The substantial size and proportion of the reduction warrant investor attention to understand the underlying motive.

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