Form 4: BT Brands Director Sally Copperud Reports Changes in Beneficial Ownership
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
| Date | Description |
|---|---|
| 02/15/2022 | Purchase of 11,745 shares at $1.99 each. |
| 04/11/2022 | Purchase of 10,000 shares at $2.00 each. |
| 11/04/2022 | Gift of 120,000 shares at $1.50 each. |
| 10/24/2024 | Gift of 10,000 shares at $1.50 each. |
| 10/24/2024 | Gift of 10,000 shares at $1.50 each. |
| 10/24/2024 | Gift of 40,285 shares at $1.50 each. |
| 11/15/2024 | Date of signature on the Form 4. |
Keywords
beneficial ownership, Form 4, BT Brands, Sally Copperud, stock transactions, director, common stock
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