Form 4: Enterprise Bancorp Director John A. Koutsos Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director John A. Koutsos reported acquiring and disposing of Enterprise Bancorp common stock on June 18, 2024.
Summary
- On June 18, 2024, John A. Koutsos, a director of Enterprise Bancorp INC /MA/ [EBTC], acquired 1,223 shares of common stock.
- On the same day, Koutsos disposed of an unspecified amount of common stock.
- Following these transactions, Koutsos beneficially owns 44,717 shares of Enterprise Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting changes in beneficial ownership, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice in publicly traded companies to ensure transparency and prevent insider trading.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of stock acquisition and disposal. |
| 06/21/2024 | Date of signature on the report. |
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