Form 4: Alpha Pro Tech Director Benjamin A. Shaw Acquires and Disposes of Shares
SEC Form 4 Filing
Director Benjamin A. Shaw reports changes in beneficial ownership of Alpha Pro Tech Ltd. shares, including the acquisition of restricted stock units and disposal of common stock.
Summary
- On September 30, 2024, Benjamin A. Shaw, a director of Alpha Pro Tech Ltd., engaged in transactions involving the company's stock.
- Shaw acquired 4,740 shares of common stock through time-based restricted stock units granted under the company's 2020 Omnibus Plan.
- These restricted stock units will vest in full on the first anniversary of the grant date.
- Shaw also disposed of 4,740 shares of common stock.
- Following these transactions, Shaw beneficially owns 14,153 shares of Alpha Pro Tech Ltd.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.
Stakeholder Impact
- Shareholders are informed about the transactions of a company director, contributing to transparency.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction: acquisition of restricted stock units and disposal of common stock. |
| 10/02/2023 | Date of signature on the Form 4 filing. |
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