Form 4: Atlantic International Corp. Former CEO Daniel Jones Reports Stock Purchases
SEC Form 4 Filing
Former CEO Daniel Robert Jones reports purchasing shares of Atlantic International Corp. common stock on August 14 and 15, 2024.
Summary
- Daniel Robert Jones, former CEO of Atlantic International Corp., filed a Form 4 on August 15, 2024, reporting transactions in the company's common stock.
- On August 14, 2024, Jones purchased 925 shares at a price of $5.48 per share.
- On August 15, 2024, Jones purchased an additional 400 shares at a price of $6.00 per share.
- Following these transactions, Jones directly owns 61,135 shares of Atlantic International Corp. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock purchases by a former executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their trading activities. These filings are closely watched by investors seeking insights into management's perspective on the company's prospects.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as an indicator of their confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Daniel Jones purchased 925 shares of common stock at $5.48 per share. |
| 08/15/2024 | Daniel Jones purchased 400 shares of common stock at $6.00 per share and filed Form 4. |
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