Form 4: Harte Hanks Director John H. Griffin Jr. Reports Acquisition of 12,048 Shares

Director John H. Griffin Jr. reports acquiring 12,048 shares of Harte Hanks Inc. at $7.47 per share on May 29, 2024, along with holdings of unvested Restricted Stock Units (RSUs).

Summary

• On May 29, 2024, John H. Griffin Jr., a director of Harte Hanks Inc., acquired 12,048 shares of common stock at a price of $7.47 per share.
• Following this transaction, Griffin directly owns 181,557 shares of Harte Hanks common stock.
• Griffin also indirectly owns 12,048 RSU shares granted on May 23, 2024, which will vest on the first anniversary of the grant date.
• Additionally, he indirectly owns 16,216 RSU shares granted on August 17, 2023, vesting on the first anniversary of that grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally viewed favorably, but the filing itself is a routine disclosure.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's valuation and future prospects.

Stakeholder Impact

• The acquisition of shares by a director may positively influence shareholder sentiment.

Key Dates