Form 4: Hillman Solutions Corp. Director Aaron Jagdfeld Executes Stock Option and Sells Shares
SEC Form 4
Director Aaron Jagdfeld exercised stock options and sold shares of Hillman Solutions Corp. on June 5, 2024.
Summary
- On June 5, 2024, Aaron Jagdfeld, a director of Hillman Solutions Corp., exercised stock options to acquire 49,447 shares of common stock at a price of $6.07 per share.
- Simultaneously, Jagdfeld sold 49,447 shares of common stock at a weighted average price of $9.04 per share, with prices ranging from $8.95 to $9.085.
- Following these transactions, Jagdfeld directly owns 197,031 shares of Hillman Solutions Corp.
- The stock options were granted on August 29, 2014, and vested in four equal annual installments starting one year after the grant date, contingent upon continued service with the issuer.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director, indicating neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the director's stock sale, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 08/29/2014 | Date the stock options were granted. |
| 06/05/2024 | Date of the stock option exercise and share sale. |
| 06/06/2024 | Date of the Form 4 filing. |
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