Form 4: Associated Capital Group Officer Acquires Phantom Stock
SEC Filing
Peter D. Goldstein, Chief Legal Officer of Associated Capital Group, reports acquisition of phantom stock units.
Summary
- Peter D. Goldstein, Chief Legal Officer of Associated Capital Group, filed a Form 4.
- The filing reports the acquisition of 2,500 phantom Restricted Stock Awards (RSA) representing the right to receive the cash value of Associated Capital Group, Inc. Class A common stock on June 25, 2024.
- The price of the derivative security is $34.28.
- Following the reported transaction, Goldstein beneficially owns 9,900 derivative securities.
- Goldstein also directly owns 1,694 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors.
Key Dates
| Date | Description |
|---|---|
| 06/25/2024 | Date of the phantom RSA acquisition |
| 08/13/2024 | Date of Form 4 filing |
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