SVP Information Technology Dale Martin Knecht sold 6,754 shares for $1,416,952.31 via scheduled 10b5-1 plan on 2026-06-23.
Dale Martin Knecht executed 12 separate sales totaling 6,754 shares for $1,416,952.31 at prices ranging from $201.95 to $213.39 on 2026-06-23, reducing his holdings from 75,104 shares to 68,350 shares (a 9.0% reduction). This transaction was executed under a pre-arranged 10b5-1 trading plan adopted on 2026-02-24, meaning the sale was scheduled and not discretionary. The stock currently trades at $210.57, within its 52-week range of $35.52–$223.83 and up 6.9% over 30 days and 120.6% over 90 days, suggesting substantial recent momentum. With the company reporting 19.0% annual revenue growth, $50.0M net income, and a current market cap of $21.9B, the sale represents a routine portfolio adjustment by a mid-level executive under a pre-established trading protocol rather than a discretionary signal tied to conviction or outlook.