Form 4: Community Bancorp Director, Jeffrey Lee Moore, Reports Changes in Beneficial Ownership

Director Jeffrey Lee Moore of Community Bancorp reports changes in his beneficial ownership of company stock, including purchases made by his spouse and shares acquired through a dividend reinvestment program.

Summary

• Jeffrey Lee Moore, a director at Community Bancorp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• The report includes purchases of common stock made by Mr. Moore's spouse on multiple dates between April 2021 and March 2024.
• These purchases were made at prices ranging from $16.49 to $21.60 per share.
• Mr. Moore also acquired 35.632 shares through the Dividend Reinvestment Program between January 1, 2024 and December 12, 2024, at prices ranging from $17.20 to $18.00 per share.
• As of the report, Mr. Moore directly owns 11,018.641 shares and indirectly owns 4,400 shares through his spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a routine filing of insider transactions. There is no indication of positive or negative sentiment from the document itself.

Positives

• The report shows continued investment in Community Bancorp stock by a director, indicating confidence in the company.
• The Dividend Reinvestment Program allows for the accumulation of shares over time.

Risks

• The report does not indicate any specific risks, but changes in insider ownership can sometimes be a signal of future company performance.

Industry Context

Form 4 filings are a standard part of regulatory compliance for publicly traded companies, providing transparency into insider transactions.

Comparison to Industry Standards

• Form 4 filings are a common practice for all publicly traded companies in the US, ensuring transparency of insider transactions.
• The reported transactions are typical for directors and officers of public companies, who often acquire shares through various means, including open market purchases and dividend reinvestment programs.
• The volume of shares purchased by Mr. Moore's spouse is relatively small compared to the overall market capitalization of Community Bancorp, suggesting these are personal investment decisions rather than a significant shift in ownership.

Related Party Transactions

• The purchases made by Mr. Moore's spouse are considered related party transactions.

Stakeholder Impact

• The report provides transparency to shareholders regarding insider transactions.
• The purchases by the director and his spouse may signal confidence in the company's future performance.

Key Dates

Keywords

beneficial ownership, Form 4, Community Bancorp, director, stock purchases, dividend reinvestment, insider trading