Insider Selling in a Quiet Quarter
On March 6 2026, Linton Paul Alderman, the company’s Chief Strategy and Transformation Officer and interim Chief Financial Officer, sold 193 shares of FTI Consulting common stock at a price of $168.41. This transaction is part of a series of recent share‑withholding sales that Alderman has executed to cover tax liabilities on newly vested restricted shares. The trades are routine for executives holding sizable restricted‑stock positions, and the timing—just after the company’s earnings release—suggests a standard tax‑settlement rather than a signal of underlying concerns.
What Investors Should Watch
Although the sale size is modest relative to Alderman’s overall holdings (he remains a long‑term shareholder with more than 88 k shares post‑transaction), the pattern of small, frequent sales has emerged in the past year. Alderman’s most recent purchase on December 19, 2025 was a block of 5,664 shares, and he has been buying and selling in the 10,000‑to‑20,000‑share range in late 2025. The current sell falls in line with that cadence. For investors, the key takeaway is that the trading volume is within the normal range for a senior executive with a restricted‑stock plan. Market reaction has been muted, with the stock ending March 8 at $167.57, a 2.36 % decline in the week and an 8 % drop from the 52‑week high. The modest negative price change and low social‑media buzz (9.85 % intensity, +8 sentiment) reinforce the view that the sale is not a red flag.
Alderman’s Insider Profile
Alderman’s insider activity reflects a balanced approach to equity ownership. Between September 2025 and March 2026, he has bought a total of 21,542 shares (averaging $34.33 per share) and sold roughly 17,000 shares, leaving him with an overall long position of 88 k shares. His transactions are spread across both common stock and stock‑option exercises, indicating active participation in the company’s incentive plan. Historically, his sell‑side trades have occurred shortly after vesting dates, suggesting a disciplined tax‑planning strategy rather than opportunistic profit‑taking. The consistency of his holdings—even through the CEO’s multiple sales in March—points to confidence in FTI’s long‑term trajectory.
Broader Insider Activity
Other executives have been active in the same week: CEO Steven Henry sold 3,248 shares, while General Counsel Lu Curtis P and CAO Brendan Keating made modest sales and purchases. The cumulative insider sales in March total over 5,000 shares, yet the average trade size remains below 2,000 shares. This level of activity aligns with industry norms for a mid‑cap professional‑services firm and does not appear to be a coordinated “sell‑off.”
Implications for the Company’s Outlook
FTI Consulting’s recent leadership change—Angela Nam’s appointment as CFO—and the focus on its IQ.AI platform signal a continued push into technology‑enabled consulting. Alderman’s steady share ownership and routine sales suggest he remains invested in that strategy. For investors, the insider trading activity should be seen as a procedural tax‑settlement rather than a warning sign. The company’s fundamentals—P/E of 19.94, a market cap of $5.17 B, and a solid track record of services—remain strong, and the insider behavior aligns with a long‑term, growth‑focused outlook.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-03-06 | Linton Paul Alderman (CSTO and Interim CFO) | Sell | 193.00 | 168.41 | Common Stock |
| 2026-03-08 | Linton Paul Alderman (CSTO and Interim CFO) | Sell | 178.00 | 168.41 | Common Stock |
| 2026-03-06 | Pachman Matthew (VP, Chief Risk/Ethics Officer) | Sell | 20.00 | 168.41 | Common Stock |
| 2026-03-06 | Lu Curtis P (General Counsel) | Sell | 171.00 | 168.41 | Common Stock |
| 2026-03-08 | Lu Curtis P (General Counsel) | Sell | 157.00 | 168.41 | Common Stock |
| 2026-03-09 | Lu Curtis P (General Counsel) | Buy | 8,710.00 | 40.36 | Common Stock |
| 2026-03-09 | Lu Curtis P (General Counsel) | Sell | 8,710.00 | 166.60 | Common Stock |
| 2026-03-09 | Lu Curtis P (General Counsel) | Sell | 8,710.00 | N/A | Stock Option (right to buy) |
| 2026-03-06 | KEATING BRENDAN J (CAO and Controller) | Sell | 20.00 | 168.41 | Common Stock |
| 2026-03-06 | KEATING BRENDAN J (CAO and Controller) | Sell | 185.00 | 168.41 | Common Stock |
| 2026-03-06 | Rabl Ulrike (Chief Human Resources Officer) | Sell | 10.00 | 168.41 | Common Stock |
| 2026-03-06 | Gunby Steven Henry (CEO, Chairman and President) | Sell | 1,516.00 | 168.41 | Common Stock |
| 2026-03-08 | Gunby Steven Henry (CEO, Chairman and President) | Sell | 1,732.00 | 168.41 | Common Stock |




