St. Ledger Susan

HCP President St. Ledger Susan sold 22,232 shares at $33.84; stock flat near 52-week high at $33.82.

Susan St. Ledger, President of Worldwide Field Ops, sold 22,232 shares (22.2K shares) for $752,346.44 on 2024-09-20, reducing her holdings by 11.7% from 189,979 shares to 167,747 shares. The sale occurred at $33.84, within 0.5% of the 52-week high of $33.99, with the stock currently at $33.82. Across her two prior sales at HashiCorp, only 1 of 2 proved well-timed at the 90-day mark (her 2023-09-21 sale declined 1.6% over 90 days, but her June 2024 sale gained 2.0%). Meanwhile, HashiCorp remains unprofitable with net income of -$26.5M on revenue of $165.1M, though the company posted 22.5% annual revenue growth. The sale size is material but not unprecedented for an executive at this company level, and occurs at historically favorable price levels rather than indicating distress.

HCP President Susan St. Ledger sold 22,366 shares at $33.26 on 2024-06-20; stock currently $33.48

St. Ledger's sale of 22,366 shares represents a 13.5% reduction in her HCP holdings, executed near the stock's 52-week high of $33.99. While her cross-ticker track record shows a 100.00% well-timed rate on prior sells (with a 90-day outcome of -1.6% average return), her sole prior transaction at HCP itself exhibited identical timing—selling on 2023-09-21 before a subsequent 90-day decline of -1.6%. The company remains unprofitable with a net loss of $51,128,000.00 in the latest quarter, despite positive annual revenue growth of 22.5%. The transaction's timing relative to the company's fundamental weakness and her demonstrated pattern of selling ahead of downturns warrants attention from investors monitoring insider positioning in an unprofitable but growth-stage company.