Form 4: Consolidated Water Co. Director Brian E. Butler Reports Acquisition of 1,776 Shares
SEC Form 4 Filing
Director Brian E. Butler reports acquiring 1,776 shares of Consolidated Water Co. Ltd. common stock on December 17, 2024, at a price of $29.14 per share.
Summary
- Brian E. Butler, a director of Consolidated Water Co. Ltd., reported acquiring 1,776 shares of common stock on December 17, 2024.
- The shares were acquired at a price of $29.14 per share.
- The acquisition increased Butler's direct holdings to 42,164 shares.
- The shares were granted under the company's non-executive directors share grant plan.
- The number of shares issued is calculated by dividing the accumulated share attendance fees by the prevailing market price on October 1st of the preceding year.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard disclosure of share acquisition by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- The director's acquisition of shares may signal confidence in the company's future performance.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the actions of company insiders and their investment decisions.
Stakeholder Impact
- The acquisition of shares by a director could have a slightly positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 12/17/2024 | Date of transaction: Brian E. Butler acquired 1,776 shares of Consolidated Water Co. Ltd. common stock. |
| 12/19/2024 | Date of signature on the Form 4 filing. |
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