Form 4: CarParts.com Director Jim Barnes Acquires 94,000 Shares
SEC Form 4 Filing
Director Jim Barnes of CarParts.com, Inc. [PRTS] purchased 94,000 shares of common stock at a weighted-average price of $1.1 on June 11, 2024.
Summary
- On June 11, 2024, Jim Barnes, a director of CarParts.com, Inc. [PRTS], acquired 94,000 shares of common stock.
- The purchase was made at a weighted-average price of $1.1 per share, with individual prices ranging from $1.06 to $1.14.
- Following the transaction, Barnes directly owns 252,097 shares of CarParts.com, Inc.
Sentiment
Score: 6
Explanation: Insider buying is generally viewed as a positive sign, suggesting confidence in the company's prospects, but the scale of the purchase is not large enough to be considered a major event.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This purchase aligns with typical insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 06/11/2024 | Date of the stock purchase transaction. |
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