Form 4: Cambium Networks Controller Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
John Monroy Becerril, Controller & Chief Accounting Officer of Cambium Networks, disposed of 147 ordinary shares to cover tax obligations.
Summary
- On May 1, 2024, John Monroy Becerril, Controller & Chief Accounting Officer of Cambium Networks Corp, disposed of 147 ordinary shares.
- The transaction was executed at a price of $3.75 per share.
- Following the transaction, Becerril directly owns 6,731 ordinary shares of Cambium Networks Corp.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction to cover tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of the US market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares being sold by an officer to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction: Disposal of 147 ordinary shares. |
| 05/03/2024 | Date of signature for the report. |
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