Bertolini Jeffrey sold $11K of CARL
Bertolini Jeffrey (Chief Operating Officer) sold 747 shares of CARLSMED, INC. (CARL) at $15.15 on 2026-11-03 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The disclosed sale is unlikely to move the stock significantly but may be noted by short-term traders.
Market read
Minor insider sale with limited market impact.
What to watch
The insider holds a sizable position; the sale represents less than 0.5% of holdings.
Background
SEC Form 4 filings provide transparent disclosure of insider transactions. Small sales via 10b5-1 plans are common and often pre-scheduled.
Ticker impact
Form 4 shows COO sold 747 shares for $11.3K via 10b5-1 plan, reducing holdings to 22,489 shares.
possible modest downward pressure as market prices in the sale
The transaction is small relative to float and disclosed via a 10b5-1 plan, limiting immediate impact.
Market effects
None
None
None
Counterpoint
The sale may be routine and not indicative of insider concern.
Key entities
- OfficerBertolini Jeffrey
Chief Operating Officer of Carlsmed, Inc.
