4/A: Advanced Energy Industries Director Amends Filing to Correctly Report Stock Transfer to Family Trust
SEC Filing Amendment
Frederick Ball, a director at Advanced Energy Industries, amended a previous SEC filing to accurately reflect the transfer of 2,257 shares to the 1998 Ball Family Trust.
Summary
- Frederick Ball, a director of Advanced Energy Industries Inc. (AEIS), filed an amendment to a Form 4, originally filed on May 7, 2024, to correct an omission.
- The amendment addresses the failure to report the transfer of 2,257 shares of common stock to the 1998 Ball Family Trust.
- These shares were initially acquired upon the vesting of restricted stock units and issued directly to Mr. Ball as a director before being transferred to the trust.
- The correction also addresses an omission in a previous Form 4 filed on November 6, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't convey any strong positive or negative sentiment.
Negatives
- The original Form 4 filing on May 7, 2024, and a subsequent filing on November 6, 2024, contained omissions regarding the transfer of shares.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market. It does not necessarily reflect any specific industry trend but rather individual transactions by company insiders.
Related Party Transactions
- The transfer of shares to the 1998 Ball Family Trust constitutes a related party transaction.
Stakeholder Impact
- The correction ensures transparency for shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of earliest transaction being reported. |
| 05/07/2024 | Date of original Form 4 filing that was amended. |
| 11/06/2024 | Date of previous Form 4 filing that also contained the omission. |
| 05/06/2025 | Date of signature on the amended form. |
Keywords
Form 4, Amendment, Beneficial Ownership, Advanced Energy Industries, AEIS, Frederick Ball, 1998 Ball Family Trust, Stock Transfer, SEC Filing, Director
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