Form 4: Compass Diversified Holdings CFO Ryan Faulkingham Buys 5,000 Shares
SEC Form 4 Filing
Ryan Faulkingham, CFO of Compass Group Diversified Holdings LLC, purchased 5,000 shares of Compass Diversified Holdings at an average price of $22.4373 on June 13, 2024.
Summary
- On June 13, 2024, Ryan J. Faulkingham, the Chief Financial Officer of Compass Group Diversified Holdings LLC, purchased 5,000 shares of Compass Diversified Holdings (CODI) at a weighted average price of $22.4373.
- The shares were bought in multiple transactions with prices ranging from $22.39 to $22.4599.
- Following the transaction, Mr. Faulkingham directly owns 33,950 shares.
- He also indirectly owns 1,654 shares through an IRA and 787 shares through his wife.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of an insider transaction. The purchase itself is a slightly positive signal, but the document is primarily informational.
Positives
- The CFO's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Insider buying is often seen as a positive sign, suggesting that a company insider believes the company's stock is undervalued.
Stakeholder Impact
- The share purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of the share purchase transaction. |
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