Form 4: Crawford United Corp Director Kirin Smith Sells 3,000 Shares
SEC Form 4
Director Kirin Smith of Crawford United Corp sold 3,000 shares of Class A Common Stock at $37.0098 per share on August 9, 2024.
Summary
- On August 9, 2024, Kirin Smith, a director of Crawford United Corp, sold 3,000 shares of Class A Common Stock.
- The sale price was $37.0098 per share.
- Following the transaction, Smith directly owns 34,935 shares and indirectly owns 36,260 shares through Intrinsic Value Capital, L.P.
- Smith disclaims beneficial ownership of shares owned by other members of the group, except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: This is a neutral report on an insider transaction. The sentiment is neither positive nor negative without additional context.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. The sale by a director may be interpreted in various ways, but without additional context, it's difficult to ascertain the specific reasons behind the transaction.
Stakeholder Impact
- Shareholders may interpret the sale as a lack of confidence in the company, although it could also be for personal financial reasons.
Key Dates
| Date | Description |
|---|---|
| 05/20/2019 | Date of Power of Attorney on file with the Commission |
| 08/09/2024 | Date of transaction: Sale of 3,000 Class A Common Shares |
| 08/13/2024 | Date of signature for the Form 4 filing |
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