Form 4: Boston Omaha Corp Executive Acquires and Disposes of Shares to Cover Tax Obligations

Joseph Max Meisinger, Chief Accounting Officer of Boston Omaha Corporation, reports acquisition of restricted stock as part of a bonus and subsequent disposal of shares to cover tax withholdings.

Summary

• On February 12, 2025, Joseph Max Meisinger, Chief Accounting Officer of Boston Omaha Corporation, acquired 11,960 shares of restricted Class A common stock as part of a bonus for services performed in 2024.
• Of these shares, 3,988 are fully vested, and the remaining 7,972 shares will vest in equal amounts on February 12, 2026, and February 12, 2027, subject to continued service.
• On the same day, 3,535 shares were automatically withheld to cover required tax withholdings related to the restricted stock grant.
• The price per share for both the acquisition and disposal was $15.05.
• Following these transactions, Meisinger directly owns 21,099 shares of Class A common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects standard compensation practices and tax obligations.

Positives

• The grant of restricted stock to the Chief Accounting Officer could be seen as a positive incentive for continued service and performance.

Future Outlook

The remaining 7,972 unvested shares are subject to vesting on February 12, 2026, and February 12, 2027, contingent upon continued service.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based awards and tax obligations.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the issuance of restricted stock to an executive, aligning their interests with the company's long-term performance.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock, Tax Withholding, Officer, Meisinger, Boston Omaha Corp, BOC