SEM President John Saich Sells 736,412 Shares
On June 30, 2026, President John Saich sold a significant stake in SEM amid a flurry of insider transactions.
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John Saich, PRESIDENT at Sem ($SEM), sold 736,412 shares on June 30, 2026. The trade was reported to the SEC in a Form 4 filing.
Key Points
- John Saich sold 736,412 shares of SEM valued at $12.16 million on June 30, 2026, with the stock priced at $16.51.
- Other insiders joined Saich in selling shares, including CEO Thomas Mullin, who sold 391,709 shares the same day.
- SEM has a market cap of about $2.05 billion, indicating its substantial presence in the market.
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John Saich's Sale of SEM Shares
On June 30, 2026, John Saich, the President of SEM, sold 736,412 shares valued at approximately $12.16 million. The shares were sold at a price of $16.51 each. This transaction is part of a broader trend of insider selling at the company, which may raise eyebrows among investors.
A Surge in Insider Selling
Saich's sale adds to a notable wave of insider transactions on the same day. CEO Thomas Mullin sold 391,709 shares, while CFO Michael Malatesta offloaded 238,057 shares. Other executives, including Executive Vice President John Hollenbach and Senior Vice President Breighner Robert JR, also sold significant amounts. Hollenbach sold 135,084 shares, and Breighner sold 16,334 shares. Parvinderjit Khanuja and Thomas Scully also contributed to this trend, selling 79,124 and 103,424 shares, respectively.
How SEM Stock Has Traded
With SEM trading at $16.51 on the day of these transactions, the stock is currently positioned within its recent range. This price level is critical as it suggests how the market values the company amid insider selling. The stock's performance in the coming weeks will be closely watched, especially with the recent surge in insider activity.
What SEM Does
SEM operates in providing various services and solutions, making its stock movements significant for both investors and the market. The recent insider selling might indicate differing sentiments among the company's leadership regarding its future prospects.
What to Watch at SEM
Investors will want to keep an eye on SEM's upcoming earnings report and any further insider transactions. The recent 13F filings reflect a historical view of the company's holdings, but ongoing insider selling could influence market perceptions going forward.
Source: John Saich'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