Form 4: Dynex Capital CEO Byron L. Boston Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Byron L. Boston, CEO and Chairman of the Board of Dynex Capital Inc., reports changes in beneficial ownership of company stock due to tax withholding obligations and other transactions.
Summary
- On February 28, 2024, Byron L. Boston, CEO and Chairman of the Board of Dynex Capital Inc., reported changes in his beneficial ownership of the company's common stock.
- 2,099 shares were disposed of to satisfy tax withholding obligations at a price of $12.15 per share.
- Following the transaction, Boston directly owns 543,902 shares of common stock, which includes unvested restricted stock and restricted stock units.
- Boston also indirectly owns 1,500 shares through his son, 15,501 shares through a 401(k) plan, and 3,095 shares jointly with his spouse and son.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing reporting changes in stock ownership. There's no inherent positive or negative implication.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and ownership positions in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CEO's stock ownership.
- It can influence investor sentiment depending on the size and nature of the transactions.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of transaction involving common stock. |
| 03/01/2024 | Date of signature for the report. |
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