Form 4: Data I/O Corp Director Anthony Ambrose Donates Shares to Charity

Director Anthony Ambrose of Data I/O Corp. reports gifting 7,500 shares of common stock to a charitable organization on May 14, 2024.

Summary

• Anthony Ambrose, a director and President of Data I/O Corp, reported a transaction on May 14, 2024.
• He donated 7,500 shares of Data I/O Corp common stock to a charitable organization.
• The transaction was a gift, and the price is based on the average of the high and low prices for the day, which was $2.95.
• Following the transaction, Ambrose directly owns 469,036 shares of Data I/O Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a stock donation, which is generally viewed as a positive action but doesn't have a significant impact on the company's financial outlook.

Positives

• The donation of shares to a charitable organization can be viewed positively from a corporate social responsibility perspective.

Industry Context

This filing is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The donation may have a minor positive impact on the company's reputation.

Key Dates