Form 4: Stuart Essig Reports Acquisition of Dynatronics Corp Shares Through Dividend Reinvestment

Stuart Essig, a director and 10% owner of Dynatronics Corp, reports acquiring additional shares of common stock through a dividend reinvestment.

Summary

• On April 1, 2025, Stuart Essig acquired 615,485 shares of Dynatronics Corp common stock directly and 123,529 shares indirectly through a family trust.
• The acquisitions were due to a quarterly dividend payment on 8% Preferred Stock, reinvested in shares of common stock.
• The shares were valued at 90% of the 10-day average closing bid price, equating to $0.0926 per share.
• Following the transaction, Essig directly owns 2,689,561 shares and indirectly owns 520,964 shares through a family trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction (dividend reinvestment) by a company insider. It doesn't necessarily indicate a strong positive or negative outlook, but rather a continuation of existing investment.

Positives

• The dividend reinvestment demonstrates a continued investment and confidence in Dynatronics Corp by a significant shareholder.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.

Stakeholder Impact

• The increased ownership by a director and significant shareholder could be viewed positively by other shareholders.

Key Dates

Keywords

Dynatronics Corp, Stuart Essig, Form 4, Beneficial Ownership, Dividend Reinvestment, Share Acquisition, DYNT