Form 4: Heritage Insurance Holdings Director Acquires Shares Through Restricted Stock Grant
SEC Form 4 Filing
Panagiotis Apostolou, a director at Heritage Insurance Holdings, acquired 4,914 shares of common stock through a restricted stock grant.
Summary
- On June 5, 2024, Panagiotis Apostolou, a director of Heritage Insurance Holdings, Inc., acquired 4,914 shares of common stock.
- The acquisition was a result of a restricted stock grant.
- The price per share was $0.
- Following the transaction, Apostolou directly owns 189,719 shares of Heritage Insurance Holdings, Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The director's acquisition of shares suggests confidence in the company, but it's a routine transaction.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Industry Context
This filing is a routine disclosure of a director's stock ownership change, which is common in publicly traded companies. It provides transparency to investors regarding insider transactions.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 06/05/2024 | Date of transaction: Panagiotis Apostolou acquired 4,914 shares of common stock. |
| 06/05/2025 | Restricted stock vests on the earlier of this date or the day immediately prior to the date of the following year's annual meeting of the stockholders of the Issuer. |
| 06/07/2024 | Date of signature for the Form 4 filing. |
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