Form 4: Gladstone Investment Corporation: Officer Dullum Reports Changes in Beneficial Ownership
SEC Form 4 Filing
David A. Dullum, President of Gladstone Investment Corporation, reports a distribution of 3,000 shares from a family trust and disclaims beneficial ownership of those shares and additional shares held by his spouse.
Summary
- On October 10, 2024, David A. Dullum, President of Gladstone Investment Corporation, reported changes in his beneficial ownership of the company's common stock.
- The changes involve a distribution of 3,000 shares from the Zena Mercedes Yvonne Dullum Trust to the trust's beneficiaries.
- Dullum disclaims beneficial ownership of these 3,000 shares, as well as 1,349 shares held by his spouse.
- After the reported transaction, Dullum directly owns 149,916 shares of Gladstone Investment Corporation common stock.
- He also indirectly owns 1,349 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership of company stock by its officers.
Key Dates
| Date | Description |
|---|---|
| 10/10/2024 | Date of the transaction involving the distribution of shares from the Zena Mercedes Yvonne Dullum Trust. |
| 10/11/2024 | Date of signature on the Form 4 filing. |
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