other material
confidence high
sentiment neutral
materiality 0.50
CEO Michael Connors adopts 10b5-1 plan to sell up to 1.2M shares
Information Services Group Inc.
- CEO Michael P. Connors entered into Rule 10b5-1 plan to sell max 1,200,000 shares.
- Plan runs from Oct 3, 2022 to Mar 15, 2023, or until all shares sold.
- Connors beneficially owns ~10.9% of III shares, second largest shareholder.
- He has not sold any shares since 2007 IPO except for tax withholdings.
- Purpose: estate planning and diversification; will remain largest shareholder.