Form 4: CF Bankshares Director James H. Frauenberg II Acquires Shares
SEC Form 4
Director James H. Frauenberg II of CF Bankshares Inc. recently purchased 525 shares of common stock at $19.0729 per share.
Summary
- On May 22, 2024, James H. Frauenberg II, a director of CF Bankshares Inc., acquired 525 shares of common stock.
- The purchase price was $19.0729 per share.
- Following the transaction, Frauenberg directly owns 111,220 shares of CF Bankshares Inc.
- Frauenberg also indirectly owns 77,427 shares through Addison Holdings.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a director purchasing shares, which could be seen as a positive signal, but without more context, it's difficult to gauge the overall impact.
Positives
- The director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, or 10% owners) of a publicly traded company buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- Shareholders may view the director's purchase as a positive sign of confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Purchase of 525 shares of common stock. |
| 05/23/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.