SEM CEO Thomas Mullin Sells 391,709 Shares
Thomas Mullin sold a large number of shares, adding to a wave of insider selling at SEM.
Reviewed by automated data checks against the source filing. How we make and check alerts
Thomas Mullin, CHIEF EXECUTIVE OFFICER at Sem ($SEM), sold 391,709 shares on June 30, 2026. The trade was reported to the SEC in a Form 4 filing.
SEM
Sem
Key Points
- On June 30, CEO Thomas Mullin sold 391,709 shares of SEM valued at about $6.47 million.
- This sale follows other significant insider trades the same day, including EVP Martin Jackson's sale of 1.39 million shares.
- SEM has a market cap of approximately $2.05 billion, reflecting the scale of these insider transactions.
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CEO Mullin's Major Sale
On June 30, 2026, Thomas Mullin, the Chief Executive Officer of SEM, sold 391,709 shares of the company. This sale was valued at about $6.47 million based on the stock price of $16.51 at the time of the transaction. This insider activity adds to a notable trend of selling among SEM executives on the same day.
A Wave of Insider Selling
Mullin's sale is part of a broader pattern, as several other SEM insiders also sold shares on June 30. Parvinderjit Khanuja sold 79,124 shares valued at $1.31 million, while Executive Vice President John Hollenbach sold 135,084 shares. Chief Financial Officer Michael Malatesta sold 238,057 shares, and Senior Vice President Breighner Robert JR sold 16,334 shares. Thomas Scully also sold 103,424 shares worth about $1.71 million. The largest sale came from Martin Jackson, who sold 1.39 million shares.
Stock Context
The stock price of SEM is currently trading at $16.51, which is significant given the recent insider selling. This level is near the company's market cap of approximately $2.05 billion, indicating that these insider transactions represent a considerable portion of the company's equity.
What SEM Does
SEM is involved in various sectors, providing services and products that cater to a diverse client base. The recent insider selling activity raises questions about the executives' confidence in the company's future performance.
What to Watch at SEM
Investors may want to monitor future insider trading activities and any upcoming earnings reports. The recent wave of sales could signal important shifts in executive sentiment at SEM. Remember, the insider trades reported here reflect actions taken on June 30 and may not represent current positions.
Related Filing Alerts
Source: Thomas Mullin's Form 4 filing on $SEM (Jun 30, 2026). Find the original filing: SEM Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts