Form 4: Howard Dvorkin, Director and 10% Owner of FlexShopper, Inc., Acquires Additional Shares

Howard Dvorkin, a Director and 10% Owner of FlexShopper, Inc., reports the acquisition of 20,000 shares of common stock through open market purchases.

Summary

• On December 26, 2024, Howard Dvorkin purchased 10,000 shares of FlexShopper, Inc. common stock at a price of $1.54 per share.
• On December 27, 2024, Dvorkin purchased an additional 10,000 shares at $1.46 per share.
• Following these transactions, Dvorkin indirectly beneficially owns 4,561,458 shares through PITA Holdings, LLC.
• Dvorkin disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
• The amount excludes 1,190,000 shares of the Issuer's common stock which are issuable upon the exercise of warrants held of record by PITA.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive due to insider buying, which often signals confidence in the company's prospects. However, it's a single transaction and needs to be considered in the context of overall company performance.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider buying is generally viewed positively by the market, as it suggests that those with the most knowledge of the company's prospects are optimistic about its future.

Stakeholder Impact

• Shareholders may view the insider buying as a positive signal.
• The increased ownership stake could potentially influence corporate decisions.

Key Dates