Form 4: Dynatronics Corp Director Brian D. Baker Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Brian D. Baker, CEO & President and Director of Dynatronics Corp, reports acquisition and disposal of common stock due to quarterly dividends on preferred stock.

Summary

  • On April 1, 2025, Brian D. Baker, CEO & President and Director of Dynatronics Corp, reported changes in beneficial ownership of the company's stock.
  • Baker acquired 51,831 shares of common stock.
  • Baker disposed of 227,366 shares of common stock.
  • The transactions relate to the payment of quarterly dividends on 8% Preferred Stock in shares of common stock valued at 90% of the 10-day average closing bid price, at $0.0926 per share.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to stock transactions due to dividend payments; it doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

  • Shareholders may be interested in the dividend payment and the resulting changes in insider ownership.

Key Dates

DateDescription
04/01/2025Date of transaction: acquisition and disposal of common stock.
04/03/2025Date of signature.

Keywords

beneficial ownership, Form 4, Dynatronics Corp, dividends, common stock, preferred stock, Brian D. Baker, DYNT

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