Form 4: Douglas M. Pasquale Reports Acquisition of Alexander & Baldwin Shares
SEC Form 4 Filing
Director Douglas M. Pasquale reports acquiring 6,749 shares of Alexander & Baldwin, Inc. common stock on April 23, 2024.
Summary
- On April 23, 2024, Douglas M. Pasquale, a director of Alexander & Baldwin, Inc., acquired 6,749 shares of common stock.
- The acquisition was made at a price of $0.00 per share.
- Following the transaction, Pasquale directly owns 107,797 shares of Alexander & Baldwin, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. The director's purchase could be seen as slightly positive, but without more context, it's difficult to gauge the overall impact.
Positives
- The acquisition of shares by a director could be interpreted as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This filing indicates a director's recent stock acquisition, which is a common occurrence.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/23/2024 | Date of transaction: Acquisition of Alexander & Baldwin common stock. |
| 04/24/2024 | Date of signature for the Form 4 filing. |
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