Form 4: Alto Ingredients Director Acquires and Disposes of Common Stock
SEC Form 4
Douglas L. Kieta, a director of Alto Ingredients, Inc., reports acquiring and disposing of common stock on June 20, 2024.
Summary
- On June 20, 2024, Douglas L. Kieta, a director of Alto Ingredients, Inc., engaged in transactions involving the company's common stock.
- Kieta acquired 49,166 shares of common stock.
- Kieta also disposed of 315,828 shares of common stock.
- Following these transactions, Kieta beneficially owns 315,828 shares of Alto Ingredients, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's common for directors to receive stock as compensation or to adjust their holdings for various financial planning reasons.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into their perspective on the company's value and prospects.
Key Dates
| Date | Description |
|---|---|
| 06/20/2024 | Date of stock acquisition and disposition. |
| 06/21/2024 | Date of signature. |
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