Form 4: Hennessy Advisors SVP and CFO Kathryn Fahy Reports Stock Disposal

Kathryn Fahy, SVP and CFO of Hennessy Advisors Inc, reports the disposal of 2,000 shares of common stock on September 23, 2024.

Summary

• Kathryn Fahy, the SVP and CFO of Hennessy Advisors Inc, filed a Form 4 with the SEC.
• The form reports a transaction that occurred on September 23, 2024.
• Ms. Fahy disposed of 2,000 shares of Hennessy Advisors Inc common stock.
• The disposal was a gift, indicated by transaction code 'G'.
• The price per share for the disposal is listed as $0.
• Following the transaction, Ms. Fahy beneficially owns 82,210.93 shares of Hennessy Advisors Inc common stock directly.

Sentiment

Score: 5

Explanation: This is a neutral filing of a routine transaction. The disposal of shares by an executive doesn't inherently indicate positive or negative sentiment without further context.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a change in Ms. Fahy's holdings of Hennessy Advisors Inc stock.

Stakeholder Impact

• The disposal of shares by a company executive can sometimes influence investor sentiment, although this particular transaction appears to be a gift and may not have a significant impact.

Key Dates