Medpace President Sells $14.4M in Shares Following Option Exercise
summarizeSummary
Medpace President Jesse J. Geiger exercised options and sold 31,707 shares for $14.4 million, reducing his direct holdings.
check_boxKey Events
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President Sells Shares
Jesse J. Geiger, President of Medpace Holdings, sold 31,707 shares of common stock in an open market transaction on March 17, 2026, for a total value of $14,436,197.10 at a weighted average price of $455.30 per share.
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Option Exercise Preceded Sale
The sale was preceded by the exercise of employee stock options for 31,707 shares at an exercise price of $138.87 per share, totaling $4,403,151.09.
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Follows Prior Intent to Sell
This transaction directly executes the intent to sell 31,707 shares, as previously disclosed in a Form 144 filing on March 17, 2026.
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Reduction in Direct Holdings
Following these transactions, Mr. Geiger's direct holdings in Medpace Holdings, Inc. common stock are 15,000 shares.
auto_awesomeAnalysis
Medpace President Jesse J. Geiger executed a significant cash-out event, exercising options for 31,707 shares and immediately selling them for over $14.4 million. This transaction directly follows a Form 144 filing on March 17, 2026, which indicated an intent to sell the same number of shares. While the option exercise itself is a routine compensation event, the subsequent open market sale by a key executive is a notable negative signal, as it represents a substantial liquidation of holdings. Post-transaction, Mr. Geiger's direct holdings are reduced to 15,000 shares.
At the time of this filing, MEDP was trading at $460.92 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $13.1B. The 52-week trading range was $250.05 to $628.92. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.