BWMN.NASDAQBowman Consulting Group LTD

4/A: Bowman Consulting Group Director Amends Filing to Correct Share Ownership After Gift Transaction

Sentiment:

SEC Filing

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Raymond Vicks Jr., a director at Bowman Consulting Group, amended a previous SEC filing to correct the reported number of shares owned following a gift of shares to a custodial account.

Summary

  • Raymond Vicks Jr., a director of Bowman Consulting Group Ltd., filed an amended Form 4 with the SEC.
  • The amendment corrects an administrative error in the original Form 4 filed on May 16, 2024, regarding the total shares owned by Mr. Vicks.
  • On May 14, 2024, Mr. Vicks gifted 1,000 shares of common stock to a custodial account under the Uniform Transfers to Minors Act (UTMA), for which he serves as custodian.
  • Following the gift, Mr. Vicks directly owns 10,779 shares of Bowman Consulting Group Ltd.
  • Additionally, Mr. Vicks indirectly owns 1,000 shares as custodian for his granddaughter through a UTMA.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

  • The correction of the filing ensures accurate information is available to shareholders and the public.

Key Dates

DateDescription
05/14/2024Date of gift transaction of common stock.
05/16/2024Date of original Form 4 filing which contained an error.
05/20/2024Date of amended Form 4/A filing.

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