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

Marie Tedesco, CFO and Vice President of Beasley Broadcast Group, reports the vesting of 25,000 Class A Common Stock restricted stock units on May 31, 2024.

Summary

• 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 May 31, 2024, involving Class A Common Stock.
• Tedesco acquired 25,000 shares of Class A Common Stock through the vesting of restricted stock units.
• Following the transaction, Tedesco directly owns 119,825 shares of Class A Common Stock.
• The restricted stock units vested in three equal annual installments beginning on May 31, 2022.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by SEC regulations. It provides transparency to the market regarding the holdings and transactions of company executives.

Stakeholder Impact

• The transaction increases the number of shares held by a key executive, potentially aligning her interests further with those of shareholders.

Key Dates

Keywords

Form 4, SEC Filing, Beasley Broadcast Group, BBGI, Marie Tedesco, CFO, Stock Transaction, Restricted Stock Units, Class A Common Stock, Beneficial Ownership