MICHAEL D. WATTENBARGER - 08 Nov 2023 Form 4 Insider Report for Addus HomeCare Corp (ADUS)

Signature
/s/ Brian Poff, Attorney-In-Fact for Michael D. Wattenbarger
Issuer symbol
ADUS
Transactions as of
08 Nov 2023
Net transactions value
-$19,611
Form type
4
Filing time
09 Nov 2023, 17:14:28 UTC
Previous filing
08 Aug 2023
Next filing
27 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADUS Common Stock Sale $19,611 -235 -3.8% $83.45 5,987 08 Nov 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction reflects the sale of shares, made pursuant to a previously established 10b5-1 plan, for the purpose of satisfying tax obligations due upon the vesting of restricted stock awards granted by the Issuer.

Remarks:

Exhibit Index: Exhibit 24 - Power of Attorney for Michael D. Wattenbarger dated November 4, 2019