Form 4: Bianca Rhodes of Distribution Solutions Group, Inc. Reports Changes in Beneficial Ownership

Director Bianca Rhodes reports acquisition and disposal of Distribution Solutions Group, Inc. stock units.

Summary

• On May 23, 2024, Bianca Rhodes, a director of Distribution Solutions Group, Inc., reported changes in beneficial ownership of the company's common stock.
• Rhodes acquired 3,465 shares of common stock in the form of Restricted Stock Units (RSUs) at a price of $0.00.
• Following the reported transaction, Rhodes beneficially owns 16,105 shares of common stock.
• The Restricted Stock Units will vest on May 19, 2024, and convert to shares of Common Stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock ownership changes. The acquisition of RSUs could be seen as a slightly positive signal.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company insiders.

Stakeholder Impact

• The change in beneficial ownership may have a minor impact on shareholders' perception of the company.

Key Dates