Form 4: Alto Ingredients Director Gilbert E. Nathan Reports Share Acquisition and Disposal
SEC Form 4 Filing
Director Gilbert E. Nathan reports acquiring 36,666 shares of Alto Ingredients and disposing of 26,200 shares held indirectly by spouse.
Summary
- On June 20, 2024, Gilbert E. Nathan, a director of Alto Ingredients, Inc., reported a transaction involving the company's common stock.
- Nathan acquired 36,666 shares of common stock.
- He also disposed of 26,200 shares held indirectly through his spouse.
- Following these transactions, Nathan directly owns 675,575 shares of Alto Ingredients.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating neutral sentiment as it simply reports transactions.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider trading activity, but the quantities are not significant enough to cause major price fluctuations.
Key Dates
| Date | Description |
|---|---|
| 06/20/2024 | Date of transaction: acquisition of 36,666 shares and disposal of 26,200 shares. |
| 06/21/2024 | Date of signature on the report. |
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