Kevin P Clark, a director at Versigent PLC, sold 45,085 shares of $VGNT on October 8 at $44.33 per share. The transaction carried a reported value of $1,998,618.05. The Form 4 covering the sale was filed on October 9, one day after the trade date. Versigent PLC trades under the $VGNT ticker, and the sale was the largest of the five Clark transactions reported with that filing date.
The October 9 filing date also covered four additional Clark sales. Across October 7 and October 8, the five reported sales were:
- 43,692 shares at $44.90 per share on October 7, valued at $1,961,770.80
- 5,331 shares at $45.68 per share on October 7, valued at $243,520.08
- 494 shares at $46.43 per share on October 7, valued at $22,936.42
- 45,085 shares at $44.33 per share on October 8, valued at $1,998,618.05
- 2,676 shares at $44.88 per share on October 8, valued at $120,098.88
Combined, Clark sold 97,278 shares over the two days for $4,346,944.23. The per-share prices ranged from $44.33 to $46.43. The $44.33 price on the 45,085-share sale was the lowest of the five reported prices, while the $46.43 price on the 494-share sale was the highest.
At the start of October 8, Clark's reported position stood at 75,332 shares. After the 45,085-share sale, the database listed 30,247 shares. After the additional 2,676-share sale on the same date, the reported position was 27,571 shares. That represented a reduction of 47,761 shares on October 8.
Clark was the only $VGNT insider whose trades appeared in the database during that period. Before October 7, the database contained no earlier Clark trades on $VGNT. Across all tickers, the five $VGNT sales were the only Clark transactions in the available records. No other officer or director had a $VGNT transaction, and a check of congressional STOCK Act disclosures returned no $VGNT entries.
The database recorded all five transactions as sales; no purchases or equity grants by Clark appeared in the available records. Each of the five entries used the sale transaction type. Clark's Form 4 activity was concentrated entirely in the October 7–8 period.
The Form 4 disclosure lag was one day for the October 8 sales and two days for the October 7 sales. The largest single transaction, the 45,085-share sale on October 8, accounted for 46 percent of the two-day combined value of $4,346,944.23. The October 7 sales had a combined reported value of $2,228,227.30, while the October 8 sales totaled $2,118,716.93. All five entries carried the same October 9 filing date.