Form 4: Hennessy Advisors Executive VP Daniel Steadman Reports Stock Sales
SEC Form 4 Filing
Daniel Steadman, Executive VP of Hennessy Advisors Inc., reports the sale of company stock in recent transactions.
Summary
- Daniel B. Steadman, Executive VP of Hennessy Advisors Inc., filed a Form 4 detailing changes in beneficial ownership.
- On December 16, 2024, Steadman sold 2,656 shares of common stock at a weighted average price of $13.36, with prices ranging from $13.18 to $13.49.
- On December 17, 2024, Steadman sold 2 shares of common stock at $12.7.
- Following these transactions, Steadman directly owns 50,442 shares of Hennessy Advisors Inc.
- Steadman also indirectly owns 1,500 shares through a child.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry.
Stakeholder Impact
- The stock sales by a company executive could be perceived differently by stakeholders; some may see it as a lack of confidence, while others may view it as a personal financial decision.
Key Dates
| Date | Description |
|---|---|
| 12/16/2024 | Sale of 2,656 shares of common stock at a weighted average price of $13.36. |
| 12/17/2024 | Sale of 2 shares of common stock at $12.7. |
| 12/18/2024 | Date of signature for the Form 4 filing. |
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