ULS exec Gitte Schjotz sells 21,880 shares for $2.2M via pre-arranged 10b5-1 plan
Gitte Schjotz executed 2 separate sales totaling 21,880 shares for $2,154,723.35 on 2026-06-02 and 2026-06-03 at blended average price $98.48, reducing post-transaction holdings to 59,341 shares from 81,221 shares (a -26.9% reduction in holdings). This transaction is part of a pre-arranged 10b5-1 trading plan adopted on 2026-03-03, meaning the sales were scheduled and not discretionary. The current stock price of $99.20 sits -7.8% from the 52-week high of $107.54, with 90-day momentum at +22.4% offsetting a recent 30-day decline of -5.3%. While Schjotz's cross-ticker track record shows 1 prior sell with average 90d return of -1.0%, at ULS specifically his prior December 2024 sale produced similar 30d and 90d returns (-3.6% and -1.0% respectively), offering limited forward guidance given the scheduled nature of this current plan.
Schjotz sold 21,000 ULS shares at $51.14 for $1.1M, reducing stake by -31.7% to 45,273 shares.
Schjotz sold 21,000 shares of ULS at $51.14 on 2024-12-12, reducing holdings from 66,273 to 45,273 shares (a -31.7% reduction in position size), netting $1.1M. The sale occurred at a price within the 52-week range ($33.58–$55.30) and near the recent high end. Notably, his prior ULS purchase on 2024-04-16 posted strong returns: 30d +32.1%, 90d +56.8%, and the timing pattern shows that prior buy was well-timed at the 90-day mark. This current sale does not yet have sufficient time-elapsed data to assess whether it will prove well-timed or not. The stock has moved +3.1% in the prior 30 days and +5.6% over 90 days, suggesting steady upward momentum into the sale date. The transaction alone does not indicate conviction shift; evaluation would require clarity on whether this was scheduled (10b5-1) or discretionary activity.
