FirstCash Holdings, Inc. (FCFS) has announced that Executive Vice President and Chief Financial Officer, Orr R. Douglas, has sold 1500 shares at $146.4 each on September 2, 2025, as well as an additional 3000 shares at $148.41 each on the same date, and 1000 shares at $146.4 each.
FirstCash Holdings, Inc. (FCFS) has announced that Executive Vice President and Chief Financial Officer, Orr R. Douglas, has sold 1500 shares at $146.4 each on September 2, 2025, as well as an additional 3000 shares at $148.41 each on the same date, and 1000 shares at $146.4 each. The total transaction amounted to $811,230, with the sales executed through a 10b5-1 Preset Diversification Program established on June 2, 2025 [1].
Douglas directly owns 97,567 shares and indirectly owns 89,344 shares through a Spousal Trust and a Family Limited Partnership. The transactions were reported through the SEC Filing Form 4. This sale is part of a broader strategy to manage risk and diversify holdings, as is common among high-ranking executives [1].
The stock price of FCFS has remained stable in recent months, with the shares trading in the range of $146.4 to $148.41 on September 2, 2025. This indicates a healthy market for the company's stock, which may have influenced Douglas's decision to sell a portion of his holdings.
Investors should note that while these sales indicate a significant transaction, they do not necessarily reflect a change in the company's overall outlook or strategy. The diversification program is designed to manage risk, and the sales are part of a broader plan to maintain a balanced portfolio.
For more information on the transaction, please refer to the SEC Filing Form 4 [1].
References:
[1] https://www.tradingview.com/news/tradingview:6fac349c0aa05:0-firstcash-holdings-evp-cfo-orr-r-douglas-sells-5-500-shares/
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