Form 4: Clyde A. Perfect Jr. Reports Changes in Beneficial Ownership of Civista Bancshares, Inc. Stock
SEC Form 4 Filing
Clyde A. Perfect Jr., a Subsidiary Director of Civista Bancshares, Inc., reports the acquisition of 1,027 shares of common stock and disposal of 10,390 shares on May 12, 2025.
Summary
- This Form 4 filing details changes in the beneficial ownership of Civista Bancshares, Inc. (CIVB) stock by Clyde A. Perfect Jr., a Subsidiary Director.
- On May 12, 2025, Mr. Perfect acquired 1,027 shares of common stock through a stock award granted from the Civista Bancshares, Inc. 2024 Incentive Plan.
- On May 12, 2025, Mr. Perfect disposed of 1,993 shares of common stock.
- On May 12, 2025, Mr. Perfect disposed of 1,993 shares of common stock.
- On May 12, 2025, Mr. Perfect disposed of 3,512 shares of common stock.
- On May 12, 2025, Mr. Perfect disposed of 4,885 shares of common stock.
- Following these transactions, Mr. Perfect beneficially owns 1,993 shares of Civista Bancshares, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral. While there's an acquisition of shares, there's also a larger disposal. The overall impact is unclear without further context.
Positives
- The acquisition of 1,027 shares through a stock award suggests confidence in the company's future performance.
Negatives
- The disposal of 10,390 shares by a Subsidiary Director could be interpreted negatively by investors.
Risks
- Significant stock disposals by insiders can sometimes signal concerns about the company's prospects, potentially impacting investor sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. Investors often monitor these filings to gauge insider sentiment and potential future stock performance.
Stakeholder Impact
- Shareholders may react to the reported transactions, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of the reported transactions (acquisition and disposal of shares). |
| 05/14/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, CIVB, Civista Bancshares, Insider Trading, Stock Award, Stock Disposal
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