Form 4: 22nd Century Group CEO Lawrence Firestone Acquires 39,000 Shares
SEC Form 4
Lawrence Firestone, CEO of 22nd Century Group, purchased 39,000 shares of the company's common stock at a price of $0.2684 per share on September 12, 2024.
Summary
- On September 12, 2024, Lawrence Firestone, the CEO of 22nd Century Group, acquired 39,000 shares of common stock.
- The purchase price was $0.2684 per share.
- Following the transaction, Firestone directly owns 54,250 shares of 22nd Century Group.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is generally seen as a good sign, but the size of the purchase is not significant enough to drastically alter sentiment.
Positives
- The CEO's purchase of shares could be interpreted as a positive signal about their confidence in the company's future prospects.
Industry Context
Insiders purchasing company stock is a common occurrence, and the market often interprets it as a sign of confidence in the company's future.
Stakeholder Impact
- Shareholders may view the CEO's stock purchase as a positive indicator of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 09/12/2024 | Date of the transaction: Lawrence Firestone purchased 39,000 shares of XXII common stock. |
Keywords
22nd Century Group, XXII, Lawrence Firestone, CEO, stock purchase, Form 4, beneficial ownership
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