Form 4: Cato Corp Director Bryan F. Kennedy, III Reports Stock Transaction
SEC Filing
Director Bryan F. Kennedy, III reported the acquisition of 4,298 shares of Cato Corp Class A Common Stock on June 1, 2024.
Summary
- On June 1, 2024, Bryan F. Kennedy, III, a director of Cato Corp, acquired 4,298 shares of Class A Common Stock at $0 per share.
- Following the transaction, Kennedy directly owns 37,302 shares of Cato Corp Class A Common Stock.
- Charles Knight, acting as attorney-in-fact, signed the Form 4 on June 3, 2024.
- A power of attorney was executed on May 28, 2024, granting Charles Knight the authority to execute Forms 3, 4, and 5 on behalf of Bryan F. Kennedy, III.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 2024-05-28 | Date of execution of Power of Attorney, granting Charles Knight authority to act on behalf of Bryan F. Kennedy, III for SEC filings. |
| 2024-06-01 | Date of transaction: Bryan F. Kennedy, III acquired 4,298 shares of Cato Corp Class A Common Stock. |
| 2024-06-03 | Date of signature of Form 4 by Charles Knight, attorney-in-fact. |
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