Director and 10% Owner Sells Over $1M in Pre-Planned Stock Sale
summarizeSummary
A Director and 10% owner of Calix, Inc. sold over $1 million worth of common stock through a pre-arranged 10b5-1 trading plan.
check_boxKey Events
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Insider Sells Shares
Carl Russo, a Director and 10% Owner, sold 25,000 shares of common stock for a total value of $1,081,601.
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Pre-Planned Transaction
The sale was executed on April 27, 2026, under a Rule 10b5-1 trading plan adopted on April 25, 2025, indicating a scheduled disposition.
auto_awesomeAnalysis
Carl Russo, a Director and 10% Owner of Calix, Inc., executed a pre-planned sale of common stock totaling approximately $1.08 million. This transaction was conducted under a Rule 10b5-1 trading plan adopted in April 2025, indicating it was a routine, scheduled disposition rather than a discretionary sale based on new information. While the sale is significant in dollar value, its pre-planned nature typically reduces its market-moving impact.
At the time of this filing, CALX was trading at $42.03 on NYSE in the Technology sector, with a market capitalization of approximately $2.7B. The 52-week trading range was $39.23 to $71.22. This filing was assessed with neutral market sentiment and an importance score of 5 out of 10.