Form 4: Airgain Director James K. Sims Reports Gift of Shares
SEC Form 4 Filing
Director James K. Sims of Airgain, Inc. reported a gift of 11,661 common stock shares to a family member.
Summary
- James K. Sims, a director at Airgain, Inc., filed a Form 4 indicating a change in beneficial ownership.
- The transaction involved a gift of 11,661 shares of common stock to a family member on December 4, 2024.
- The gift was a bona fide transfer to a family member not residing in the same household.
- Following the transaction, Mr. Sims beneficially owns 375,981 shares, which includes restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment.
Industry Context
This is a routine filing related to changes in beneficial ownership by a company insider, which is common in the corporate world.
Comparison to Industry Standards
- Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, as mandated by the SEC.
- The transaction is a gift, which is a common type of transaction reported in Form 4 filings.
- The reporting of the transaction is consistent with SEC regulations and industry standards.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a transfer of shares from a director to a family member.
Key Dates
| Date | Description |
|---|---|
| 12/04/2024 | Date of the stock gift transaction. |
| 12/05/2024 | Date the Form 4 was signed. |
Keywords
Form 4, beneficial ownership, Airgain, director, stock gift, common stock, restricted stock units, insider trading
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