Chairman Robert Ortenzio Files Intent to Sell $15.8M in Stock Near 52-Week High
CON sits 66% above its 52-week low of $18.545 on elevated volume (2.5× avg).
Summary
Chairman Robert Ortenzio filed a Form 144 to sell $15.8 million in company stock, continuing a trend of insider sales while the stock trades near its 52-week high.
Key Events · Ownership and Investor Activity · CON
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Proposed Stock Sale
Chairman Robert Ortenzio intends to sell 389,940 shares of common stock, valued at approximately $15.87 million.
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Ongoing Insider Selling
This filing follows a series of Form 144 filings by Ortenzio, with over $8.3 million in shares already sold in the past three months, indicating a sustained pattern of distribution.
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Trading Near 52-Week High
The proposed sale occurs as the company's stock is trading near its 52-week high, potentially indicating the insider is taking profits.
Analysis · CON · Industrial Applications And Services
Chairman Robert Ortenzio has filed a Form 144 indicating his intent to sell approximately $15.8 million worth of company stock. This proposed sale, representing about 0.4% of the company's market capitalization, is significant and continues a pattern of insider selling observed over the past three months. The filing occurs while the stock is trading near its 52-week high, suggesting the insider may be capitalizing on favorable market conditions.
How filings like this one have moved
In the 30 days to Aug 23, 2026, 37.5% of the 3434 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CON was trading at $30.77 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $3.9B. The 52-week trading range was $18.55 to $30.90. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.