Form 4: Franklin Covey Director Acquires Shares in Recent Transaction
SEC Form 4 Filing
Director Joel Clinton Peterson acquired 3,417 common shares of Franklin Covey Co on January 24, 2025.
Summary
- Joel Clinton Peterson, a director of Franklin Covey Co, acquired 3,417 common shares on January 24, 2025.
- The shares were acquired at a price of $0.
- Following the transaction, Peterson's total holdings amount to 245,602 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral transaction.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders when they trade company stock. It provides transparency into the transactions of company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for all publicly traded companies in the US.
- The transaction is similar to other director share acquisitions, often involving stock grants or awards.
- The $0 acquisition price is not unusual for stock grants or awards.
Stakeholder Impact
- The transaction increases the director's stake in the company, which could be viewed positively by shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/24/2025 | Date of the share acquisition by Joel Clinton Peterson. |
| 01/28/2025 | Date of signature for the Form 4 filing. |
Keywords
Franklin Covey, Director Share Acquisition, Insider Trading, Form 4, Share Ownership
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