Advanced Energy Director Reports Stock Sale

The transaction highlights ongoing adjustments in insider ownership at the Denver-based power solutions provider.

November 21, 2024

Advanced Energy Insider Activity Update

Advanced Energy Industries Inc., a leader in precision power conversion technologies, recently disclosed a notable insider transaction involving its board member, Lanesha Minnix. According to the Form 4 filed with the SEC, Minnix sold 1,000 shares of the company's common stock on November 19, 2024, at an average price of $111.72 per share. Following this transaction, the director retains ownership of 5,092 shares directly.

This filing reflects compliance with SEC reporting requirements, providing transparency about insider activities to investors and regulatory authorities. The sale appears to be a routine divestiture and was executed under standard reporting guidelines.

Context of the Transaction

The insider transaction occurs amid steady operational growth at Advanced Energy, which specializes in delivering critical power and control technologies to diverse industries, including semiconductors and industrial manufacturing. While insider sales often prompt investor scrutiny, the activity in this case aligns with the company's long-standing dividend reinvestment strategy, as noted in the explanation attached to the filing.

Key Details from the Filing

• Transaction Date: November 19, 2024


• Shares Sold: 1,000 shares


• Price per Share:$111.72


• Remaining Shares Held: 5,092


• Ownership Type: Direct

The remaining shares reflect Minnix's continued investment in the company's performance, signaling sustained confidence in its growth trajectory. Moreover, Advanced Energy's consistent focus on technological innovation and market expansion reinforces its strategic priorities as it engages with key global sectors.

This filing provides investors a glimpse into internal ownership dynamics and reaffirms the company's commitment to transparency.