Form 4: Enterprise Bancorp EVP & CFO Joseph R. Lussier Reports Stock Disposal

Joseph R. Lussier, EVP & CFO of Enterprise Bancorp, Inc., reported the disposal of 86 shares of common stock on April 17, 2025, to cover tax obligations.

Summary

• On April 17, 2025, Joseph R. Lussier, the EVP & CFO of Enterprise Bancorp, Inc. (EBTC), disposed of 86 shares of common stock.
• The transaction was executed at a price of $35.03 per share.
• Following the transaction, Lussier directly owns 15,687.1015 shares of Enterprise Bancorp, Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a routine stock disposal by an executive for tax purposes. It doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives and their confidence in the company's stock.

Stakeholder Impact

• The disposal of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the small number of shares involved.

Key Dates

Keywords

Form 4, EBTC, Enterprise Bancorp, Joseph R. Lussier, Stock Disposal, EVP & CFO, Insider Trading