Form 4: Dynatronics Director Scott Ward Acquires 2,000 Shares as Compensation

Director Scott Ward acquired 2,000 shares of Dynatronics Corp as compensation for services.

Summary

• Scott Ward, a director of Dynatronics Corp, acquired 2,000 shares of the company's 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. Ward directly owns 27,416 shares of Dynatronics.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns director interests with shareholders.

Positives

• The acquisition of shares by a director demonstrates confidence in the company.

Industry Context

This is a routine filing related to director compensation and is not indicative of any broader industry trends.

Comparison to Industry Standards

• Director compensation in the form of shares is a common practice across many industries.
• The valuation of shares at the closing price of the previous day is a standard method for such transactions.
• The number of shares granted is relatively small and is not unusual for a company of this size.

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, Stock Ownership, DYNT