Form 4: 180 Degree Capital Corp. Executive Acquires Shares
SEC Form 4 Filing
Robert E. Bigelow III, VP, Head of Fund Development at 180 Degree Capital Corp., purchased 590 shares of common stock at $4.3308 per share on February 26, 2024.
Summary
- On February 26, 2024, Robert E. Bigelow III, VP, Head of Fund Development at 180 Degree Capital Corp., acquired 590 shares of common stock.
- The purchase price was $4.3308 per share.
- Following the transaction, Bigelow directly owns 116,500 shares of 180 Degree Capital Corp.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. The purchase could be interpreted as slightly positive, but without further context, it's difficult to gauge the true sentiment.
Positives
- An officer purchasing company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This purchase is a small transaction and may not be indicative of a larger trend.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of transaction: Robert E. Bigelow III purchased shares of common stock. |
| 02/27/2024 | Date of signature on the Form 4 filing. |
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