Form 4: FRP Holdings Director Martin E. Stein Jr. Reports Stock Sales
SEC Form 4 Filing
Director Martin E. Stein Jr. of FRP Holdings, Inc. reports selling shares of common stock on June 15 and 16, 2023.
Summary
- Martin E. Stein Jr., a director of FRP Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On June 15, 2023, Stein sold 433 shares of common stock at a price of $57.5 per share.
- On June 16, 2023, Stein sold 343 shares of common stock at a price of $57.5 per share.
- Following these transactions, Stein directly owns 73,601 shares of common stock.
- Stein also has indirect ownership through The Regency Group II, which owns 120,900 shares, where he has a 16.175% partnership interest.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting stock sales by a director, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the real estate and development industry where FRP Holdings operates.
Stakeholder Impact
- The stock sales by a director may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/15/2023 | Sale of 433 shares of common stock at $57.5 per share. |
| 06/16/2023 | Sale of 343 shares of common stock at $57.5 per share. |
| 05/09/2024 | Date of signature by Attorney-in-Fact. |
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