Form 4: Enterprise Bancorp Director Corrects Stock Holdings in Form 4 Filing

George L. Duncan, Chairman of Enterprise Bancorp, files an amended Form 4 to correct previously underreported stock holdings acquired through the dividend reinvestment plan.

Summary

• George L. Duncan, Chairman of Enterprise Bancorp, filed a Form 4 with the SEC.
• The filing corrects the number of shares reported as indirectly owned by Duncan.
• Previous reports underreported stock holdings by approximately 164.3990 shares.
• The underreporting was due to shares acquired through the dividend reinvestment plan.
• On April 17, 2025, 371 shares of common stock were disposed of at a price of $35.03.
• Following the reported transaction, Duncan directly owns 363,643 shares of common stock.
• Duncan also indirectly owns 18,445 shares through an estate and 49,164.399 shares through a trust.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The correction of stock holdings ensures accurate information for shareholders.
• The filing provides transparency regarding the insider's ownership position.

Key Dates

Keywords

Form 4, Enterprise Bancorp, Stock Holdings, Dividend Reinvestment Plan, George L. Duncan, EBTC, SEC Filing