Form 4: FormFactor Director Jorge Titinger Sells Shares
SEC Form 4 Filing
Director Jorge Titinger sold 6,770 shares of FormFactor Inc. on August 6, 2024, at an average price of $41.9426.
Summary
- On August 6, 2024, Jorge Titinger, a director of FormFactor Inc., sold 6,770 shares of common stock.
- The sale was executed at a weighted average price of $41.9426 per share.
- The price range for the shares sold was between $41.63 and $42.14.
- Following the transaction, Titinger directly owns 12,970 shares of FormFactor Inc.
- The transaction was reported on Form 4, filed with the SEC on August 7, 2024.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of a stock sale by a director. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's common for directors and officers to buy and sell shares of their company's stock. The impact on the stock price is usually minimal unless the transaction is very large or part of a broader trend.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of transaction: Jorge Titinger sold shares of FormFactor Inc. |
| 08/07/2024 | Date of filing: Form 4 filed with the SEC. |
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