Form 4: Eastside Distilling CEO Geoffrey Gwin Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Geoffrey Gwin, CEO and CFO of Eastside Distilling, Inc., reports the acquisition of 32,787 shares of common stock at $1.21 per share on May 1, 2024.

Summary

  • On May 1, 2024, Geoffrey C. Gwin, CEO and CFO of Eastside Distilling, Inc., acquired 32,787 shares of common stock at a price of $1.21 per share.
  • This transaction was reported on a Form 4 filing with the SEC.
  • Following the transaction, Gwin directly owns 99,038 shares of Eastside Distilling's common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing reporting a stock transaction by a company insider, which is neutral in sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

  • The transaction may have a minor impact on shareholder sentiment, depending on how the market interprets the insider's stock purchase.

Key Dates

DateDescription
01/16/2024Issuance date of securities underlying derivative security.
05/01/2024Date of transaction: acquisition of common stock.
05/31/2024Date of signature on the report.

Keywords

Form 4, Eastside Distilling, Geoffrey Gwin, Stock Acquisition, Beneficial Ownership, SEC Filing

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