Form 4: Glacier Bancorp Executive Vice President Don J. Chery Reports Gift of Common Stock
SEC Form 4 Filing
Don J. Chery, Executive Vice President/CAO of Glacier Bancorp, Inc., reported a gift of 1,000 shares of common stock on July 29, 2024.
Summary
- On July 29, 2024, Don J. Chery, an Executive Vice President/CAO at Glacier Bancorp, Inc. (GBCI), reported a transaction involving the company's common stock.
- The transaction involved a gift of 1,000 shares of common stock.
- Following the transaction, Chery directly owns 51,539 shares of Glacier Bancorp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing (Form 4) detailing a gift of shares. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This allows the public to monitor insider activity, which can sometimes provide insights into a company's performance and prospects.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a gift of shares by an executive and does not involve a company-initiated action.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of transaction: Gift of 1,000 shares of common stock. |
| 07/31/2024 | Date of signature on the Form 4 filing. |
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