Form 4: Crawford United Corp Director Kirin Smith Sells Shares
SEC Form 4
Director Kirin Smith of Crawford United Corp sold 1,854 Class A Common Shares at $36.35 on June 12, 2024.
Summary
- On June 12, 2024, Kirin Smith, a director of Crawford United Corp, sold 1,854 Class A Common Shares at a price of $36.35 per share.
- Following the transaction, Kirin Smith directly owns 34,935 Class A Common Shares.
- Kirin Smith may be deemed to beneficially own 39,260 Class A Common Shares held by Intrinsic Value Capital, L.P. ('IVC').
- Smith disclaims beneficial ownership of the securities beneficially owned by the other members of the group except to the extent of his pecuniary interest therein.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's common for directors and officers to buy and sell shares of their company, and these transactions are closely watched by investors for signals about the company's prospects.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 05/20/2019 | Date of Power of Attorney on file with the Commission |
| 06/12/2024 | Date of transaction: Sale of 1,854 Class A Common Shares |
| 06/13/2024 | Date of signature for the Form 4 filing |
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