Form 4: Data I/O Corp Director Douglas Brown Reports Acquisition of 14,100 Shares

Director Douglas Brown acquired 14,100 shares of Data I/O Corp stock through a restricted stock unit (RSU) grant.

Summary

• On May 16, 2024, Douglas Wells Brown, a director of Data I/O Corp, acquired 14,100 shares of common stock.
• The acquisition was due to a restricted stock unit (RSU) grant.
• The price was $2.93 per share, based on the average of the high and low prices for the day.
• Following the transaction, Brown directly owns 78,459 shares of Data I/O Corp.
• The RSU grant vests over the earlier of 1 year or the next Annual Meeting of Shareholders.
• The transaction was executed under a Power of Attorney by Gerald Y. Ng.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director. The acquisition itself can be seen as a slightly positive sign, but the document is primarily informational.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Future Outlook

The RSU grant vests over the earlier of 1 year or the next Annual Meeting of Shareholders.

Industry Context

This is a standard disclosure related to insider trading and beneficial ownership, common for publicly traded companies.

Stakeholder Impact

• The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.

Key Dates