10% owner Jill Foss Watson sold 20,000 shares at blended average $539.97 for $10.8M on 2025-07-02, reducing holdings to 102.1K shares.
Watson Jill Foss, a 10% owner, executed 10 separate sales totaling 20,000 shares for $10,799,406.45 on 2025-07-02, with transaction prices ranging from $536.26 to $546.10. The sale reduced her post-transaction holdings to 102,107 shares, a reduction of 16.4% vs pre-transaction holdings. At the blended average sale price of $539.97, these transactions occurred near the company's 52-week high of $611.11 (currently 13.0% below that peak), and above the current price of $531.95. The company demonstrates solid fundamentals with $571.1M in latest quarterly revenue, $106.3M net income, and annual revenue growth of 13.7%, alongside a P/E of 21.30. The disposition of a material equity block by a significant shareholder merits documentation, though the transaction structure and price context require scrutiny to understand the underlying driver.