Form 4: BayCom Corp Director Lloyd W. Kendall Jr. Reports Acquisition of Common Stock

Director Lloyd W. Kendall Jr. reports acquiring 1,327 shares of BayCom Corp common stock on July 1, 2024, and indirectly holding 10,000 shares through a 401(k) plan.

Summary

• On July 1, 2024, Lloyd W. Kendall Jr., a director of BayCom Corp, acquired 1,327 shares of common stock.
• The acquisition was a direct transaction.
• The price per share was $0.
• Following the transaction, Kendall directly owns 81,476 shares of BayCom Corp common stock.
• Kendall also indirectly owns 10,000 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing. The acquisition of shares by a director could be interpreted as a slightly positive signal, but without further context, it's difficult to gauge the overall impact.

Positives

• The director's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates changes in beneficial ownership by a director of BayCom Corp.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence.

Key Dates