Form 4: Dynatronics Director Erin S. Enright Reports Acquisition of Common Stock Through Dividend Reinvestment

Director Erin S. Enright reports acquiring Dynatronics Corp common stock through dividend reinvestment on April 1, 2025.

Summary

• On April 1, 2025, Erin S. Enright, a director of Dynatronics Corp, acquired common stock through a dividend reinvestment.
• The transaction involved the acquisition of 615,485 shares indirectly through a spouse and 123,529 shares indirectly through a family trust.
• The shares were acquired as payment of quarterly dividends on 8% Preferred Stock, valued at 90% of the 10-day average closing bid price, which equates to $0.0926 per share.
• Following the transaction, Enright indirectly owns 2,689,561 shares through a spouse and 520,964 shares through a family trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction. The director's participation in the dividend reinvestment plan could be seen as a slightly positive signal.

Positives

• The director's participation in the dividend reinvestment plan signals confidence in the company's future.

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 directors and officers.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates

Keywords

Form 4, Dynatronics Corp, Director, Erin S. Enright, Common Stock, Dividend Reinvestment, Beneficial Ownership, Preferred Stock