Form 4: Enterprise Bancorp EVP Jamie Gabriel Reports Acquisition of Shares
SEC Form 4 Filing
Jamie Gabriel, EVP of Enterprise Bancorp, reports the acquisition of 77 shares of common stock at $32.25 per share.
Summary
- On September 23, 2024, Jamie Gabriel, EVP of Enterprise Bancorp, acquired 77 shares of common stock.
- The price per share was $32.25.
- Following the transaction, Gabriel directly owns 15,331.1856 shares of Enterprise Bancorp.
- This total includes shares acquired through dividend reinvestments on June 3, 2024 (120.4452 shares) and September 3, 2024 (98.9171 shares).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. The insider purchase is a mildly positive signal.
Positives
- The acquisition of shares by an executive could be seen as a positive signal, indicating confidence in the company's future.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Dividend reinvestment resulting in acquisition of 120.4452 shares. |
| 09/03/2024 | Dividend reinvestment resulting in acquisition of 98.9171 shares. |
| 09/23/2024 | Jamie Gabriel acquired 77 shares of common stock at $32.25 per share. |
| 09/24/2024 | Date of Form 4 filing. |
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