Form 4: Enterprise Bancorp Director Richard W. Main Reports Stock Disposal
SEC Form 4 Filing
Richard W. Main, a director and President of Enterprise Bancorp, reported disposing of 206 shares of common stock on April 23, 2024, to cover tax obligations.
Summary
- On April 23, 2024, Richard W. Main, a director and President of Enterprise Bancorp, disposed of 206 shares of common stock.
- The transaction was executed at a price of $24.43 per share.
- Following the transaction, Main directly owns 226,100 shares of Enterprise Bancorp.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to a stock transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a small disposal of shares by an insider.
Key Dates
| Date | Description |
|---|---|
| 04/23/2024 | Date of stock disposal transaction |
| 04/25/2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.