Blackmore Milton C 4/A
4/A · INNOSPEC INC. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Innospec (IOSP) Director Milton Blackmore Sells 594 Shares
What Happened
Milton C. Blackmore, a director of Innospec Inc. (IOSP), sold a total of 594 shares in open‑market transactions on February 27, 2026. The Form 4/A reports two lots: 287 shares at a weighted‑average price of $76.30 (proceeds $21,898) and 307 shares at a weighted‑average price of $76.79 (proceeds $23,575), totaling approximately $45,473. This was a sale (not a purchase), which is common insider activity and not, by itself, a clear signal about company prospects.
Key Details
- Transaction date: 2026‑02‑27 (open‑market sales).
- Reported prices (weighted averages): $76.30 for 287 shares; $76.79 for 307 shares.
- Price ranges (per footnotes): first lot sold across $75.5001–$76.55; second lot across $76.555–$77.0713. The Form 4/A notes the reported prices are weighted averages and that the filer will provide a full breakdown on request.
- Proceeds: about $21,898 + $23,575 = $45,473 total.
- Filing status: This is an amended Form 4/A filed 2026‑03‑06 correcting transaction prices; the original Form 4 was filed on March 3, 2026.
- Shares owned after transaction: not specified in the provided excerpt—check the full Form 4/A for post‑sale holdings.
- No 10b5‑1 plan, tax‑withholding, gift, or option exercise is indicated in the information provided.
Context
Sales by directors can be routine (portfolio rebalancing, diversification, tax/liquidity needs) and do not necessarily reflect insider opinion of the company. The amendment here corrects how prices were reported (using weighted averages) and supplies ranges of execution prices; the filer offers to provide the detailed per‑trade breakdown to the SEC or other parties on request.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-27$76.30/sh−287$21,898→ 10,837 total - Sale
Common Stock
[F2]2026-02-27$76.79/sh−307$23,575→ 10,530 total
Footnotes (2)
- [F1]This Form 4/A amends the Form 4 filed on March 3, 2026 to correct the transaction price reported in Table I. The price reported reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $75.5001 to $76.55. The reporting person undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F2]This Form 4/A amends the Form 4 filed on March 3, 2026 to correct the transaction price reported in Table I. The price reported reflects the weighted average sale price. The shares were sold in multiple transactions at prices ranging from $76.555 to $77.0713. The reporting person undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.