Form 4: Steven Mnuchin Reports Changes in Flagstar Financial Ownership
SEC Form 4
Steven Mnuchin, a director and 10% owner of Flagstar Financial, reports transactions involving common stock and restricted stock units.
Summary
- Steven Mnuchin, a director and 10% owner of Flagstar Financial, filed a Form 4 detailing changes in beneficial ownership.
- On March 27, 2025, Mnuchin acquired 10,357 shares of common stock through the vesting and cash settlement of restricted stock units.
- On the same day, Mnuchin disposed of 10,357 shares of common stock.
- Following these transactions, Mnuchin directly owns 13,642 shares of common stock.
- Mnuchin also indirectly owns 74,999,994 shares through Liberty Strategic Capital (CEN) Holdings, LLC.
- Mnuchin disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
- Share amounts reflect a 1-for-3 reverse stock split effective July 11, 2024.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| July 11, 2024 | Effective date of 1-for-3 reverse stock split. |
| March 27, 2025 | Date of transaction involving restricted stock units and common stock. |
| March 31, 2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Steven Mnuchin, Flagstar Financial, FLG, Restricted Stock Units, Common Stock, Liberty Strategic Capital
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