Form 4: ALLETE INC: Jeffrey John Scissons Reports Acquisition of Common Stock

Jeffrey John Scissons, VP CFO & Corp Treasurer of ALLETE INC, reports acquiring 192 shares of common stock and holding 4,073.82 shares directly, along with 1,507.61 shares indirectly through an RSOP Trust.

Summary

• On March 11, 2025, Jeffrey John Scissons, VP CFO & Corp Treasurer of ALLETE INC, acquired 192 shares of common stock at $0 per share.
• Following this transaction, Scissons directly owns 4,073.82 shares of ALLETE INC common stock.
• Scissons also indirectly owns 1,507.61 shares through the Retirement Savings and Stock Ownership Plan (RSOP) Trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting insider transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of shares by a company officer can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These filings are monitored to ensure compliance with securities regulations and to provide transparency to investors.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as insider buying can signal confidence in the company.

Key Dates