Form 4: CPS Technologies CFO Charles Griffith Jr. Acquires 1,000 Shares
SEC Form 4 Filing
Charles Griffith Kellogg Jr., CFO of CPS Technologies Corp, purchased 1,000 shares of common stock at $1.43 per share on September 17, 2024.
Summary
- On September 17, 2024, Charles Griffith Kellogg Jr., the CFO of CPS Technologies Corp, acquired 1,000 shares of the company's common stock.
- The purchase price was $1.43 per share.
- Following this transaction, Griffith directly owns 36,792 shares of CPS Technologies Corp.
Sentiment
Score: 5
Explanation: The document itself is neutral, simply reporting a transaction. The sentiment is slightly positive as insider buying can be seen as a sign of confidence, but it's a small transaction.
Positives
- The CFO's purchase of shares could be interpreted as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This is a routine disclosure of insider trading activity. It is common for company executives to buy or sell shares of their own company, and these transactions are closely monitored by regulators.
Stakeholder Impact
- The purchase could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of transaction: CFO Charles Griffith Jr. purchased 1,000 shares of CPS Technologies Corp. |
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