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Lori Briggs, Vice President and President of Industrial Solutions at NPK International Inc. (NASDAQ:NPKI), recently executed a sale of company shares. According to a Form 4 filing with the Securities and Exchange Commission, Briggs sold 9,704 shares of NPK International on June 6, 2025. The $692 million market cap company, currently rated as overvalued according to InvestingPro Fair Value metrics, has maintained a GOOD financial health score despite showing volatile price movements with a beta of 2.12. The shares were sold at a weighted average price of $8.3805, resulting in a total transaction value of approximately $81,324.
This transaction was carried out under a Rule 10b5-1 trading plan that Briggs adopted on March 7, 2025, allowing for the automatic execution of trades. Following the sale, Briggs retains direct ownership of 268,631 shares of NPK International. The sale was conducted in multiple transactions on the open market, with individual sale prices ranging from $8.34 to $8.47 per share.
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