ASC Ardmore Shipping Corp
Price Chart
Executive Summary
Director Curtis B. McWilliams filed a Form 144 to sell 20,000 common shares (~$380K at ~$19.00/sh) through Raymond James. The shares were acquired via compensation in June 2021 and are now being sold. This is a modest sale relative to the $765M market cap and follows 6 insider sells totaling $772K over the past 30 days, creating a pattern of insider liquidation.
Actionable Insight
The Form 144 signals intent to sell, not a completed transaction. However, the pattern of 6 insider sells in 30 days ($772K total) adds mild negative weight. Monitor for actual Form 4 filings to confirm execution. No immediate catalyst — treat as low-conviction bearish signal unless further insider sales accelerate.
Key Facts
- Director Curtis B. McWilliams intends to sell 20,000 shares of ASC common stock
- Estimated aggregate value of proposed sale: $380,000
- Shares were originally acquired on 06/11/2021 via compensation
- Sale is planned through Raymond James & Associates
- Recent insider activity (30d): 6 sells totaling $772K
- Market cap: $765M; proposed sale represents ~0.05% of market cap
Financial Impact
Proposed sale of $380K in shares by a director, representing ~0.05% of market cap
Risk Factors
- Insider selling pattern may indicate management's view on near-term valuation or sector headwinds
- Form 144 is only intent — sale may not be executed, reducing signal reliability
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001974078-26-000181 |
| Document: 0001974078-26-000181-index.html | 0001974078-26-000181 |
| Document: 0001974078-26-000181.txt | 0001974078-26-000181 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 15, 2026
4w ago
|
144
| $18.93 $18.83 | ▼ −0.53% | ▼ −1.49% | $17.08 (−9.77%) |
|
May 7, 2026
5w ago
|
6-K
| $18.87 $18.75 | ▼ −0.64% | ▼ −2.14% | $17.08 (−9.49%) |
|
May 5, 2026
5w ago
|
Insider Cluster
| $18.49 $18.39 | ▼ −0.53% | ▼ −1.49% | $17.08 (−7.60%) |
|
May 5, 2026
5w ago
|
Insider Cluster
| $19.06 $18.96 | ▼ −0.52% | ▼ −2.51% | $17.08 (−10.39%) |
US Market Status
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