Form 4: Beasley Broadcast Group CFO Marie Tedesco Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Marie Tedesco, CFO and Vice President of Beasley Broadcast Group, reported the disposition of 6,088 shares of Class A Common Stock on June 5, 2024.

Summary

  • On June 6, 2024, Marie Tedesco, the CFO and Vice President of Beasley Broadcast Group Inc. [BBGI], filed a Form 4 with the SEC.
  • The filing reports a transaction that occurred on June 5, 2024, where 6,088 shares of Class A Common Stock were disposed of at a price of $0.66 per share.
  • Following the transaction, Tedesco directly owns 113,737 shares of Class A Common Stock.
  • The transaction was related to the satisfaction of tax obligations.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing reporting a stock transaction by a company insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in insider ownership.

Key Dates

DateDescription
06/05/2024Date of stock transaction (disposal of shares)
06/06/2024Date of Form 4 filing

Keywords

Form 4, SEC, BBGI, Beasley Broadcast Group, Marie Tedesco, Stock Transaction, Beneficial Ownership, CFO

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