Form 4: CHS Inc. Director David Alan Johnsrud Sells Class B Preferred Stock
SEC Form 4 Filing
Director David Alan Johnsrud sold 1,540 shares of CHS Inc. Class B Cumulative Redeemable Preferred Stock, Series 1, through a farm partnership.
Summary
- David Alan Johnsrud, a director at CHS Inc., sold 1,540 shares of Class B Cumulative Redeemable Preferred Stock, Series 1 (CHSCO).
- The transaction occurred on November 14, 2024.
- The shares were sold at a price of $26.7763 per share.
- The sale was conducted indirectly through a farm partnership called Johnsrud Bros.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing for a stock sale by a director. It doesn't indicate any positive or negative sentiment about the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders when they trade company stock. It provides transparency into the transactions of company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States.
- The transaction is typical of insider trading activity, where directors and officers buy or sell company stock.
- The sale of 1,540 shares is not unusual for a director's personal portfolio management.
Stakeholder Impact
- The sale of shares by a director may have a minor impact on shareholder sentiment, but it is not a significant event.
Key Dates
| Date | Description |
|---|---|
| 11/14/2024 | Date of the stock sale transaction. |
| 11/15/2024 | Date of the signature on the form. |
Keywords
CHS Inc, Director, David Alan Johnsrud, Class B Preferred Stock, Stock Sale, Form 4, Insider Trading, Johnsrud Bros
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