Form 4: First Northern Community Bancorp Director Sells Shares
SEC Form 4
Richard M. Martinez, a director of First Northern Community Bancorp, sold 1,500 shares of common stock at a price of $9.67 on August 12, 2024.
Summary
- On August 12, 2024, Richard M. Martinez, a director of First Northern Community Bancorp, sold 1,500 shares of the company's common stock.
- The sale was executed at a price of $9.67 per share.
- Following the transaction, Martinez directly owns 67,352 shares of First Northern Community Bancorp.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but the relatively small number of shares sold is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of transaction: Richard M. Martinez sold 1,500 shares of common stock. |
| 08/13/2024 | Date of signature on the Form 4 filing. |
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