Form 4: FormFactor Director Lothar Maier Sells 99,723 Shares
SEC Form 4 Filing
Director Lothar Maier sold 99,723 shares of FormFactor Inc. on May 14, 2024, at an average price of $55.0798.
Summary
- On May 14, 2024, Lothar Maier, a director of FormFactor Inc., sold 99,723 shares of common stock.
- The sale was executed at a weighted average price of $55.0798 per share.
- Following the transaction, Maier directly owns 6,770 shares of FormFactor Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Sales of company stock by directors are a normal part of corporate governance. It is important to consider the context of the sale, such as the director's overall holdings and any company-specific news.
Stakeholder Impact
- The sale of shares by a director could be perceived differently by stakeholders.
- Some may see it as a lack of confidence in the company's future, while others may view it as a normal part of personal financial management.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of transaction: Lothar Maier sold 99,723 shares of FormFactor Inc. |
| 05/15/2024 | Date of signature on the Form 4 filing. |
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