4/A: Gyrodyne Director Paul Lamb Amends Form 4 to Correct IRA Holdings
SEC Filing
Paul Lamb, a director of Gyrodyne, LLC, filed an amendment to his Form 4 to correct the amount of securities indirectly held in his Individual Retirement Account (IRA).
Summary
- Paul Lamb, a director of Gyrodyne, LLC, filed an amended Form 4 with the SEC.
- The amendment corrects the amount of common shares of limited liability company interests held indirectly through his Individual Retirement Account (IRA).
- On April 1, 2024, Lamb acquired 4,368 shares at a price of $7.9937 per share.
- Following the reported transaction, Lamb directly owns 30,542 shares and indirectly owns 80,557 shares through his IRA.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing (Form 4 amendment) to correct a previously reported transaction. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company securities, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Acquisition of 4,368 common shares. |
| 04/04/2024 | Date of original filing of Form 4 (amended). |
| 09/03/2024 | Date of signature on the amended Form 4. |
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