Form 4: Enterprise Bancorp Director Richard W. Main Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Richard W. Main, a director and President of Enterprise Bancorp, reports a transaction involving common stock on March 16, 2025.
Summary
- Richard W. Main, President and a director of Enterprise Bancorp, filed a Form 4 with the SEC.
- The report details a transaction involving common stock on March 16, 2025.
- 172 shares were disposed of at a price of $39.53.
- Following the transaction, Main directly owns 223,426 shares of Enterprise Bancorp common stock.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing, reflecting a standard transaction report. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/16/2025 | Date of common stock transaction |
| 03/18/2025 | Date of signature on the report |
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