Cowan Joseph Lamar has recently filed a Form 4 with the SEC, reporting a transaction involving the sale of shares in NICE Ltd. This filing, dated October 2, 2026, highlights a change in ownership that may have implications for the company's stock dynamics and investor relations.
Background
Cowan Joseph Lamar is a reporting owner associated with NICE Ltd., a company primarily engaged in the prepackaged software services sector. The firm's CIK is 0001966082, and it has been involved in various filings, including a recent Form 3 on March 18, 2026, and multiple Form 144 filings in 2024 and 2023.
What the Filing Says
The SEC filing indicates that on September 30, 2026, Lamar sold 3 ordinary shares of NICE Ltd. at a price of $106.81 per share. Following this transaction, Lamar now owns a total of 4,766 shares directly.
Impact
This transaction affects Lamar's direct ownership stake in NICE Ltd., which could influence investor confidence and market perceptions of the company. As a director of NICE Ltd., Lamar's actions may be closely watched by shareholders and analysts alike.
What's Next
The filing does not say what happens next.
Ownership Details
Following the recent transaction, Cowan Joseph Lamar holds a total of 4,766 shares directly in NICE Ltd. Additionally, the filing indicates that he has indirect ownership of 11,183 shares, which are held by a corporation. This indirect ownership is noted in the footnotes of the filing, specifying that these shares are owned by a corporation associated with Lamar.
Reporting Owner Information
The filing also provides details about Cowan Joseph Lamar's address, which is listed as 221 River Street, Hoboken, NJ 07030. As a director of NICE Ltd., his relationship with the company is significant, and his transactions are subject to close scrutiny by investors and regulatory bodies.
Transaction Code
The transaction was coded as 'F', indicating it was a sale of shares. This code is part of the SEC's classification system for reporting transactions, ensuring transparency in ownership changes.
Legal Representation
The filing was signed by Alon Levy, who acted as Attorney-in-Fact for Cowan Joseph Lamar, indicating that legal representation was involved in the transaction process.