Form 4: Harte Hanks CFO David Garrison Reports Stock Purchases and Option Holdings

David Garrison, CFO of Harte Hanks, discloses recent purchases of common stock and holdings of non-qualified stock options in a Form 4 filing.

Summary

• David Garrison, the Chief Financial Officer of Harte Hanks Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• On August 12, 2024, Garrison purchased common stock in three separate transactions at prices of $7.05, $6.92, and $6.86 per share.
• These purchases totaled 4,250 shares, which are held in the participant's retirement account.
• Following these transactions, Garrison indirectly owns 8,375 shares of common stock through his retirement account.
• Garrison also holds 64,600 non-qualified stock options granted on January 29, 2024, which vest in three annual installments starting January 29, 2025.
• The exercise price for these options is $7.74 per share, and they expire on January 29, 2034.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock purchases and option holdings by the CFO. The purchases could be seen as a slightly positive signal, but it's not a major event.

Positives

• The CFO's purchase of company stock could be interpreted as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• Shareholders may view the CFO's stock purchases as a sign of confidence in the company's prospects.

Key Dates