COO Jeffrey Hurd sells 14,358 shares at $45.11 via scheduled 10b5-1 plan; retains 74.7K shares plus 18,717 options
Jeffrey J Hurd, Chief Operating Officer, executed 2 separate sales totaling 14,358 shares for $647,693.29 on 2026-06-15 under a pre-arranged 10b5-1 trading plan adopted on 2025-05-01—a scheduled, non-discretionary transaction. His non-derivative holdings fell 16.1% from 89.1K to 74.7K shares, while he retains 18,717 employee stock options, representing an ongoing equity stake. At $45.11 transaction price, the stock was trading -20.0% from its 52-week high of $56.61, though up +9.8% over 30 days and +21.3% over 90 days. The company reported latest-quarter revenue of $4.2B and net income of $621.0M, but was unprofitable over its most recent full fiscal year. Without discretionary timing, this filing reflects scheduled portfolio execution rather than a signal driven by insider conviction or market conditions.