Form 4: Civista Bancshares Director John O. Bacon Reports Retirement and Exit Filing

John O. Bacon, a Subsidiary Director of Civista Bancshares, filed a Form 4 indicating his retirement as of April 16, 2024, and this filing serves as a voluntary exit report.

Summary

• John O. Bacon, a Subsidiary Director at Civista Bancshares, filed a Form 4 with the SEC.
• The filing indicates Mr. Bacon's retirement as of the annual meeting on April 16, 2024.
• This Form 4 serves as a voluntary exit filing.
• Mr. Bacon's beneficial ownership includes 6,036 shares of common stock held directly and 6,981 shares held indirectly in a trust.
• He also has indirect ownership of 1,290 shares as co-trustee of his deceased father's trust and 1,784 shares held directly.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to a director's retirement, indicating a neutral sentiment.

Management Comments

• Mr. Bacon retired as of annual meeting on 4-16-2024.

Industry Context

This filing is a routine disclosure related to a change in insider status at a publicly traded company. Such filings are common and provide transparency to investors.

Management Changes

Stakeholder Impact

• Shareholders are informed of a change in the company's leadership structure.
• Employees may experience internal adjustments due to the director's departure.

Key Dates