BTBD.NASDAQBt Brands, INC

Form 4: BT Brands Director Sally Copperud Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Sally Copperud of BT Brands, Inc. has reported changes in her beneficial ownership of the company's common stock through a series of transactions.

Summary

  • Sally Copperud, a director at BT Brands, Inc., has filed a Form 4 detailing changes in her beneficial ownership of the company's common stock.
  • The transactions include purchases and gifts of common stock.
  • On February 15, 2022, she purchased 11,745 shares at $1.99 each.
  • On April 11, 2022, she purchased 10,000 shares at $2.00 each.
  • On November 4, 2022, she gifted 120,000 shares at $1.50 each.
  • On October 24, 2024, she gifted 10,000 shares at $1.50 each.
  • On October 24, 2024, she gifted 10,000 shares at $1.50 each.
  • On October 24, 2024, she gifted 40,285 shares at $1.50 each.
  • Following these transactions, Ms. Copperud directly owns 600,000 shares of BT Brands common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would significantly impact sentiment.

Industry Context

Form 4 filings are a standard part of regulatory compliance for company insiders, providing transparency into their trading activities.

Comparison to Industry Standards

  • Form 4 filings are a common practice for publicly traded companies in the US, and the information provided is consistent with what is expected in such filings.
  • The transactions reported are typical for directors and officers of public companies.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the trading activities of a company director.

Key Dates

DateDescription
02/15/2022Purchase of 11,745 shares at $1.99 each.
04/11/2022Purchase of 10,000 shares at $2.00 each.
11/04/2022Gift of 120,000 shares at $1.50 each.
10/24/2024Gift of 10,000 shares at $1.50 each.
10/24/2024Gift of 10,000 shares at $1.50 each.
10/24/2024Gift of 40,285 shares at $1.50 each.
11/15/2024Date of signature on the Form 4.

Keywords

beneficial ownership, Form 4, BT Brands, Sally Copperud, stock transactions, director, common stock

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