Form 4: Enterprise Bancorp EVP Steven R. Larochelle Reports Stock Disposal
SEC Form 4 Filing
Steven R. Larochelle, EVP of Enterprise Bancorp, reports disposing of 86 shares of common stock to cover tax obligations.
Summary
- On April 23, 2024, Steven R. Larochelle, an EVP at Enterprise Bancorp, disposed of 86 shares of common stock.
- The transaction was executed at a price of $24.43 per share.
- This disposal was related to covering tax obligations.
- Following the transaction, Larochelle directly owns 40,141 shares of Enterprise Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. This filing indicates a routine transaction related to tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it involves a small number of shares and is related to tax obligations.
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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