Mama's Creations CEO sells shares under 10b5-1 plan
1 report, 1 independent
Updated Sep 24
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What happened
Mama's Creations began trading on the Nasdaq exchange on September 24, 2026. Separately, the company's CEO, Adam Michaels, sold 69,683 shares on September 23rd for a total value of $927,480.73. This sale was executed under a pre-arranged Rule 10b5-1 trading plan to cover tax withholding obligations related to equity vesting.
From dailypolitical.com
Why it matters
The CEO's sale reduced his direct ownership of the stock by 8.79%. Despite the insider selling, the stock traded up $0.07 on Thursday, reaching $13.37. The company reported $0.06 earnings per share for the quarter, surpassing expectations.
From dailypolitical.com
Who's involved
- NasdaqThe American stock exchange where Mama's Creations is listed and trades
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The entities involved
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Nasdaq
American fully electronic stock exchange
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