Form 4: Enterprise Bancorp EVP Stephen J. Irish Reports Stock Disposal
SEC Form 4 Filing
Stephen J. Irish, EVP of Enterprise Bancorp, reports the disposal of 156 shares of common stock to cover tax obligations.
Summary
- On April 23, 2024, Stephen J. Irish, EVP of Enterprise Bancorp, disposed of 156 shares of common stock.
- The transaction was executed at a price of $24.43 per share.
- Following the transaction, Mr. Irish directly owns 13,593 shares of common stock and indirectly owns 32,574 shares through a trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction. It doesn't indicate any significant positive or negative implications for the company.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a small disposal of shares by an executive, which is not uncommon for tax obligations or portfolio diversification.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 04/23/2024 | Date of stock disposal transaction |
| 04/25/2024 | Date of signature on the Form 4 filing |
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