Form 4: CF Bankshares EVP Marianne McKinney Reports Stock Transactions
SEC Form 4 Filing
Marianne McKinney, EVP & Chief Operating Officer of CF Bankshares, reports the acquisition and disposal of company stock.
Summary
- Marianne McKinney, EVP & Chief Operating Officer of CF Bankshares, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On April 11, 2024, McKinney acquired 2,500 shares of common stock at a price of $0.
- On February 15, 2024, McKinney disposed of 238 shares at $21.38.
- On February 22, 2024, McKinney disposed of 119 shares at $21.5.
- Following these transactions, McKinney directly owns 7,666 shares of CF Bankshares common stock.
- The reported transactions also involve shares of common stock underlying restricted stock awards granted under the Central Federal Corporation 2019 Equity Incentive Plan, which vest over three years.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 02/15/2024 | Disposal of 238 shares at $21.38 |
| 02/22/2024 | Disposal of 119 shares at $21.5 |
| 04/11/2024 | Acquisition of 2,500 shares at $0 |
| 04/15/2024 | Date of signature for the Form 4 filing |
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