According to an SEC Form 4 filing, Brunswick Corp. CEO David M. Foulkes on May 26 sold 25,853 shares of company stock for $83.12 per share totaling $2.15 million. Post-sale, Foulkes owns a remaining 67,528 shares and indirectly owns an estimated 7,163 shares held by the savings plan trustee, with 889 of the direct holdings acquired via dividend reinvestment in March.
The last time Foulkes exercised options to sell Brunswick stock was Feb. 16, 2023 when he sold 38,266 shares at a value of $3.31 million.
Insider stock sales by executives are common and are frequently done under prearranged Rule 10b5-1 trading plans for personal financial planning, diversification or liquidity.
Foulkes’ annual compensation plan in 2024, according to a 2025 proxy statement, was $1.21 million. Additionally that year, he received stock awards of $9.54 million and other compensation of $242,090 for a total of $10.9 million.
