Form 4: Dick's Sporting Goods Director Larry Stone Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Larry Stone reports changes in beneficial ownership of Dick's Sporting Goods stock, including the acquisition of shares and a transfer to a trust.
Summary
- On June 12, 2024, Larry Stone, a director of Dick's Sporting Goods, reported changes in his beneficial ownership of the company's stock.
- He acquired 812 shares of common stock at $0 per share.
- He also transferred 2,008 shares to a trust, which were previously reported as directly beneficially owned.
- Following these transactions, Stone directly owns 812 shares and indirectly owns 142,868 shares through a trust, and 405 shares as custodian of UTMA accounts for grandchildren.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports changes in beneficial ownership.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates changes in the holdings of a director, which is a common occurrence.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of transaction: Acquisition of 812 shares and transfer of shares to a trust. |
| 06/13/2024 | Date of signature on the report. |
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