Kevin Perhamus, an officer at Arxis, Inc., has filed a notice to sell 25,000 shares of the company’s common stock. This sale, valued at approximately $1.26 million, is part of a pre-arranged trading plan that complies with SEC regulations. The filing, submitted on November 9, 2026, is significant as it reflects the officer's strategic management of personal investments while adhering to transparency standards.
Arxis, Inc. operates in the aircraft parts and auxiliary equipment sector. The company is incorporated in Delaware and has a fiscal year ending on December 31. According to the recent filings, Perhamus acquired these shares as compensation through restricted stock awards on May 6, 2026. The shares are being sold under a plan adopted on August 10, 2026, which is designed to meet the requirements of Rule 10b5-1(c).
The filing states that the sales are made in connection with this trading plan, ensuring that the transactions are conducted in a compliant manner. Goldman Sachs & Co. LLC is acting as the broker for this sale, which will take place on the NASD exchange.
In total, Arxis, Inc. has approximately 90,045,099 shares outstanding. The filing indicates that there have been no other securities sold by Perhamus in the past three months, highlighting the planned nature of this transaction.
The implications of this filing may affect various stakeholders, including investors and analysts monitoring the aircraft parts industry. Transparency in stock transactions, especially by company officers, is essential for maintaining investor confidence and regulatory compliance.
Details were not available in the SEC filing regarding any future plans or additional transactions involving Perhamus or Arxis, Inc.
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