Form 4: Cohen & Co Inc. Executive VP, CFO, and Treasurer Joseph W. Pooler, Jr. Sells 10,000 Shares
SEC Form 4 Filing
Joseph W. Pooler, Jr., EVP, CFO, and Treasurer of Cohen & Co Inc., sold 10,000 shares of common stock at an average price of $11.64 on June 7, 2024.
Summary
- On June 7, 2024, Joseph W. Pooler, Jr., the EVP, CFO, and Treasurer of Cohen & Co Inc., sold 10,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $11.64 per share.
- The prices for individual transactions ranged from $11.42 to $11.75.
- Following the transaction, Pooler directly owns 58,785 shares of Cohen & Co Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale based on their own analysis.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency into insider transactions and can be scrutinized by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- Shareholders may react to the insider sale, potentially affecting the stock price.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of the transaction: Joseph W. Pooler, Jr. sold 10,000 shares of Cohen & Co Inc. |
| 06/10/2024 | Date of signature on the Form 4 filing. |
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