4/A: Glen Burnie Bancorp CEO Corrects Previous SEC Filing Regarding Stock Ownership
SEC Filing Amendment
Mark C. Hanna, President and CEO of Glen Burnie Bancorp, files an amended Form 4 to correct an error in a previous filing regarding the number of common stock shares owned.
Summary
- Mark C. Hanna, the President and CEO of Glen Burnie Bancorp, filed an amended Form 4 with the SEC.
- The amendment corrects a previous Form 4 filed on May 30, 2024, which incorrectly reported a purchase of 500 shares of common stock on May 28, 2024.
- The corrected filing states that as of May 28, 2024, Mr. Hanna owned 3,100 shares of Glen Burnie Bancorp common stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating a neutral sentiment. It ensures transparency and compliance, which is generally viewed positively.
Industry Context
This filing is a routine disclosure related to insider trading and stock ownership, which is a common practice for publicly traded companies. It ensures transparency and compliance with SEC regulations.
Stakeholder Impact
- The correction of the filing ensures that shareholders have accurate information regarding the CEO's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of the transaction that was incorrectly reported in the original Form 4. |
| 05/30/2024 | Date of the original Form 4 filing containing the error. |
| 05/31/2024 | Date of the amended Form 4 filing correcting the error. |
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