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Sovos Brands(SOVO.US) Officer Sells US$140.78K in Common Stocks

moomoo News ·  Sep 12, 2023 16:53

$Sovos Brands (SOVO.US)$ Officer LACHMAN TODD R sold 6,250 shares of Common Stocks on Sep 11, 2023 at an average price of $22.5254 for a total value of $140.78K.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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