Form 4: Central Valley Community Bancorp Executive Vice President Acquires Shares
SEC Form 4 Filing
Shannon R. Avrett, Executive Vice President of Central Valley Community Bancorp, purchased 145 shares of CVCY common stock at $16.011 per share on February 29, 2024.
Summary
- On February 29, 2024, Shannon R. Avrett, an Executive Vice President at Central Valley Community Bancorp (CVCY), acquired 145 shares of the company's common stock.
- The purchase price was $16.011 per share.
- Following the transaction, Avrett directly owns 6,989 shares of CVCY common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. An executive purchasing shares suggests confidence, but it's a small transaction.
Positives
- An executive's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. Purchases by executives are often seen as a positive sign.
Stakeholder Impact
- The purchase could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: Shannon R. Avrett purchased 145 shares of CVCY common stock. |
| 03/01/2024 | Date of signature on the Form 4 filing. |
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