Form 4: Bank First Corp Director Sachse Disposes of Shares
SEC Form 4 Filing
Director David R Sachse disposed of 1,230 shares of Bank First Corp common stock at $79.28 per share on April 23, 2024.
Summary
- On April 23, 2024, David R Sachse, a director of Bank First Corp, disposed of 1,230 shares of common stock.
- The transaction was executed at a price of $79.28 per share.
- Following the transaction, Sachse indirectly owns 23,856 shares through a trust.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when a company insider, such as a director, engages in a transaction involving the company's securities. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The disposal of shares by a director could be perceived negatively by shareholders if they interpret it as a lack of confidence in the company's future, although this single transaction is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 04/23/2024 | Date of transaction: Disposal of 1,230 shares of common stock. |
| 04/25/2024 | Date of signature by attorney-in-fact. |
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