Form 4: Biote Corp. CFO Robert Peterson Sells 32,874 Shares
SEC Form 4 Filing
Robert Charles Peterson, CFO of biote Corp., sold 32,874 shares of Class A Common Stock on September 9, 2024, at a weighted average price of $6.2009.
Summary
- On September 9, 2024, Robert Charles Peterson, the Chief Financial Officer of biote Corp. (BTMD), sold 32,874 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $6.2009 per share, with individual transactions ranging from $6.15 to $6.345.
- Following the transaction, Peterson directly owns 0 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment about the company's prospects.
Industry Context
This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. Such filings are common and provide transparency into insider transactions.
Stakeholder Impact
- The sale of shares by a high-ranking officer could be perceived negatively by some shareholders, although it is a common occurrence.
- The impact on other stakeholders is likely minimal.
Key Dates
| Date | Description |
|---|---|
| December 15, 2023 | Date of execution for Robert Peterson's Power of Attorney. |
| 09/09/2024 | Date of the transaction: Robert Peterson sold 32,874 shares of biote Corp. Class A Common Stock. |
| 09/11/2024 | Date of signature for the Form 4 filing. |
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