Form 4: Enterprise Bancorp EVP Susan Covey Reports Stock Disposal
SEC Form 4 Filing
Susan Covey, EVP of a subsidiary of Enterprise Bancorp, reported disposing of 76 shares of common stock on April 17, 2025.
Summary
- Susan Covey, an EVP at an Enterprise Bancorp subsidiary, filed a Form 4 indicating changes in beneficial ownership.
- On April 17, 2025, Covey disposed of 76 shares of Enterprise Bancorp common stock.
- The transaction was executed at a price of $35.03 per share.
- Following the transaction, Covey directly owns 14,600.0859 shares of Enterprise Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It simply reports a transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to monitor the actions of those with privileged information.
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 |
|---|---|
| 04/17/2025 | Date of transaction: Disposal of common stock. |
| 04/22/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, EBTC, Enterprise Bancorp, Stock Disposal, Insider Trading
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