Form 4: Howard Dvorkin Reports Beneficial Ownership Changes in FlexShopper, Inc. (FPAY)

Howard Dvorkin, a director and 10% owner of FlexShopper, Inc., reports changes in beneficial ownership of common stock through recent transactions.

Summary

• On April 24, 2025, Howard Dvorkin acquired 10,600 shares of FlexShopper, Inc. common stock at $1.25 per share and 10,000 shares at $1.30 per share.
• On April 25, 2025, Dvorkin acquired 10,129 shares at a weighted average price of $1.34, with prices ranging from $1.31 to $1.36.
• These transactions increased Dvorkin's indirect beneficial ownership through PITA Holdings, LLC and NRNS Capital Holdings, LLC.
• Dvorkin disclaims beneficial ownership of shares held by PITA and NRNS except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

Positives

• The reporting person increased their investment in the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors or large shareholders, trade in their company's stock. These filings provide transparency to the market regarding insider activity.

Stakeholder Impact

• Shareholders may be interested in the insider's activity as it can provide insights into management's view of the company's prospects.

Key Dates

Keywords

beneficial ownership, FlexShopper, FPAY, Howard Dvorkin, Form 4, securities, stock