Form 4: Hennessy Advisors Director Kiera Newton Sells 520 Shares
SEC Form 4 Filing
Director Kiera Newton sold 520 shares of Hennessy Advisors Inc. (HNNA) on September 27, 2024, leaving her with 12,930 shares.
Summary
- Kiera Newton, a director of Hennessy Advisors Inc. (HNNA), reported a transaction involving the company's common stock.
- On September 27, 2024, Newton sold 520 shares of HNNA at a price of $9.4 per share.
- Following the transaction, Newton directly owns 12,930 shares of Hennessy Advisors Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading disclosures, providing transparency into the transactions of company insiders. This sale represents a small percentage of the director's holdings.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 09/27/2024 | Date of the transaction: Kiera Newton sold 520 shares of Hennessy Advisors Inc. |
| 09/30/2024 | Date of signature by Attorney-in-Fact. |
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