Form 4: Eagle Financial Services Executive Reports Routine Stock Dispositions Under Incentive Plan
Insider Transaction Report
Brandon Craig Lorey, a Director and Executive Officer at Eagle Financial Services Inc. (EFSI), reported the disposition of 713 shares of common stock, primarily for tax withholding purposes, under the company's Stock Incentive Plan.
Summary
- Brandon Craig Lorey, a Director and Executive Officer of Eagle Financial Services Inc. (EFSI), filed a Form 4 detailing two dispositions of common stock.
- On June 20, 2025, Mr. Lorey disposed of 280 shares of common stock at a price of $0, which was identified as a transaction under the Company's Stock Incentive Plan.
- On the same date, an additional 433 shares of common stock were disposed of at a price of $36.25 per share; this transaction was specifically for the payment of tax liability by withholding shares (Transaction Code 'F').
- Following these reported transactions, Mr. Lorey's direct beneficial ownership of Eagle Financial Services Inc. common stock stands at 38,073 shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral. The reported transactions are routine dispositions by an executive, primarily for tax purposes related to an incentive plan, and do not indicate a significant change in company outlook or insider confidence.
Negatives
- The transactions represent a reduction in the direct beneficial ownership of common stock by a key executive, totaling 713 shares.
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction, common for executives who receive equity compensation. It does not provide broader industry context or trends.
Related Party Transactions
- The dispositions of shares occurred under the Company's Stock Incentive Plan, which represents a transaction between the executive and the company.
Stakeholder Impact
- Shareholders: A minor reduction in direct insider ownership, but generally expected as part of executive compensation and tax planning.
- Employees, Customers, Suppliers, Creditors: No direct impact from this specific transaction.
Key Dates
| Date | Description |
|---|---|
| 06/20/2025 | Date of earliest transaction, involving the disposition of 280 shares and 433 shares of common stock. |
| 06/24/2025 | Date the Form 4 was signed by the reporting person, Brandon C. Lorey. |
Keywords
SEC Form 4, insider transaction, stock disposition, executive compensation, tax withholding, Eagle Financial Services Inc., EFSI, Brandon Craig Lorey, stock incentive plan
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