Form 4: Bowman Consulting Group Former Officer Bruen Reports Stock Disposal
SEC Form 4 Filing
Michael Bruen, a former officer of Bowman Consulting Group Ltd., reported the disposal of 5,167 shares of common stock on January 2, 2025, to cover tax obligations.
Summary
- This Form 4 filing reports a change in beneficial ownership of Bowman Consulting Group Ltd. stock by Michael Bruen, a former officer.
- On January 2, 2025, Bruen disposed of 5,167 shares of common stock.
- The transaction was executed at a price of $24.95 per share.
- This disposal was likely to cover tax obligations related to vesting of stock or option exercise.
- Following the transaction, Bruen directly owns 370,572 shares of Bowman Consulting Group Ltd. common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing, reporting a routine stock transaction by a former officer. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates a former officer's stock disposal, which is a common occurrence.
Stakeholder Impact
- The disposal of shares by a former officer could have a minor impact on shareholder sentiment, but is unlikely to be material given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of stock disposal transaction |
| 01/06/2025 | Date of signature on the report |
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