Form 4: DYNATRONICS CEO Boosts Stake via Preferred Stock Dividend

Brian D. Baker, President and CEO of DYNATRONICS CORP, increased his direct beneficial ownership by 80,898 common shares through a preferred stock dividend payment.

Summary

• Brian D. Baker, President & CEO, and CFO of DYNATRONICS CORP, acquired 80,898 shares of common stock.
• The transaction occurred on October 1, 2025.
• The acquisition was a payment of quarterly dividends on 8% Preferred Stock.
• Shares were valued at $0.0593 per share, calculated at 90% of the 10-day average closing bid price.
• Following this transaction, Mr. Baker directly beneficially owns 381,545 shares of common stock.

Sentiment

Score: 7

Explanation: The acquisition of additional common stock by the President & CEO, Brian D. Baker, through a preferred stock dividend payment, is a positive signal of continued insider ownership and potential confidence in the company's value.

Positives

• Insider acquisition of 80,898 common shares by the President & CEO, Brian D. Baker, potentially signaling confidence in the company's future.
• The acquisition was through a dividend payment on preferred stock, indicating a return on investment for preferred shareholders.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• Brian D. Baker, as President & CEO and CFO, executed the acquisition of common stock through a preferred stock dividend, reflecting a routine transaction for an insider holding preferred shares.

Industry Context

This filing is a standard insider transaction report (Form 4) and does not provide information relevant to broader industry trends or competitive analysis. It solely details a change in beneficial ownership for a key executive.

Related Party Transactions

• The transaction involves the payment of dividends to an insider (Brian D. Baker) in the form of common stock, which is a form of related party dealing, though it's a standard dividend distribution rather than a negotiated transaction.

Stakeholder Impact

• Shareholders: The increase in insider ownership by the CEO may be viewed positively, signaling management's continued alignment with shareholder interests.
• Preferred Shareholders: The payment of dividends in common stock fulfills the obligations to preferred shareholders.

Key Dates

Recommendation

The acquisition of shares by the CEO, even through a dividend, indicates continued insider confidence. While not a direct open-market purchase, it reinforces management's stake in the company. However, without further financial context or market data, a 'hold' recommendation is prudent, acknowledging the positive insider action without overstating its immediate impact on valuation.

Keywords

DYNATRONICS CORP, DYNT, Brian D. Baker, Insider Transaction, Form 4, Common Stock, Preferred Stock Dividend, CEO, CFO, Director