Form 4: Dynatronics Director Acquires Shares as Compensation

Dynatronics director David Holtz acquired 2,000 shares of common stock as compensation for services.

Summary

• David Holtz, a director at Dynatronics Corp, acquired 2,000 shares of common stock on January 2, 2025.
• The shares were received as compensation for services as a director.
• The shares were valued at $0.1212 per share, based on the closing price on December 31, 2024.
• Following the transaction, Mr. Holtz beneficially owns 30,968 shares of Dynatronics common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction of director compensation, which is generally viewed positively as it aligns interests. There are no indications of any negative sentiment.

Positives

• The acquisition of shares by a director demonstrates alignment of interests with shareholders.
• The compensation structure incentivizes the director to contribute to the company's success.

Industry Context

This is a standard transaction for director compensation in publicly traded companies, aligning director interests with shareholder value.

Comparison to Industry Standards

• Director compensation in the form of stock is a common practice across publicly traded companies.
• The valuation of the shares at the closing price of the previous day is a standard method.
• Many companies use a mix of cash and stock for director compensation to align interests with shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's performance.

Key Dates

Keywords

Dynatronics, Director, Share Acquisition, Compensation, Form 4, David Holtz, DYNT