Form 4: Civista Bancshares Director Allen R. Nickles Reports Final Beneficial Ownership
SEC Filing
Allen R. Nickles, a director of Civista Bancshares, files a Form 4 to report his final beneficial ownership following his retirement as of April 16, 2024.
Summary
- Allen R. Nickles, a director at Civista Bancshares, filed a Form 4 with the SEC.
- This filing reports his final beneficial ownership of securities following his retirement from the company as of April 16, 2024.
- Nickles directly owns 6,096 common shares and 0 depositary shares.
- He also indirectly owns 99,759 common shares through a SEP IRA, 895 shares through a Benefit IRA, 1,605 shares through a spouse, and 0 shares through a daughter.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine regulatory requirement following a change in position for a company insider. It provides transparency to the market regarding the insider's holdings.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director | Allen R. Nickles | 04/16/2024 | Retirement |
Stakeholder Impact
- Shareholders are informed about the change in director and their final holdings.
Key Dates
| Date | Description |
|---|---|
| 04/16/2024 | Date of earliest transaction and Mr. Nickles' retirement as of annual meeting |
| 05/17/2024 | Date of 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.