Form 4: Harte Hanks Director Bradley Radoff Reports Acquisition of Common Stock
SEC Filing Form 4
Director Bradley Louis Radoff reports acquiring 12,048 shares of Harte Hanks Inc. common stock at $7.47 per share on May 29, 2024.
Summary
- On May 29, 2024, Bradley Louis Radoff, a director of Harte Hanks Inc., acquired 12,048 shares of common stock at a price of $7.47 per share.
- Following this transaction, Radoff directly owns 241,283 shares of Harte Hanks Inc. common stock.
- Radoff also indirectly owns 20,000 shares of common stock held in a participant's IRA.
- Additionally, Radoff indirectly owns 16,216 RSU shares granted on August 17, 2023, vesting on the first anniversary of the grant date, and 12,048 RSU shares granted on May 23, 2024, vesting on the first anniversary of that grant date.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a routine filing.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for insights into management's perspective on the company's stock value and future prospects.
Stakeholder Impact
- The acquisition of shares by a director could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/17/2023 | Participant was granted 16,216 RSU shares that will vest 100% on the first anniversary of the grant date. |
| 05/23/2024 | Participant was granted 12,048 RSU shares that will vest 100% on the first anniversary of the grant date. |
| 05/29/2024 | Date of transaction where 12,048 shares of common stock were acquired at $7.47 per share. |
| 05/31/2024 | Date of the report filing. |
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