Form 4: Home Bancshares Director Robert Adcock Jr. Gifts 7,400 Shares to Charity
SEC Form 4 Filing
Director Robert Adcock Jr. of Home Bancshares Inc. reports gifting 7,400 shares of common stock to charity.
Summary
- On October 17, 2024, Robert H. Adcock Jr., a director of Home Bancshares Inc. (HOMB), reported a transaction involving the gifting of 7,400 shares of common stock.
- The shares were disposed of at a price of $0, indicating a donation.
- Following the transaction, Adcock directly owns 6,000 shares of restricted stock and indirectly owns 1,143,970 shares through the Robert H. Adcock Trust, 220,060 shares through the Carol Adcock Trust and 79,426 shares through an IRA.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock transaction (gift). It doesn't inherently convey positive or negative sentiment regarding the company's performance or outlook.
Industry Context
This filing is a routine disclosure of insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The gift of shares may have a minor positive impact on the recipient charity.
Key Dates
| Date | Description |
|---|---|
| 01/21/2022 | Restricted Stock granted on this date will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date. |
| 01/20/2023 | Restricted Stock granted on this date will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date. |
| 01/19/2024 | Restricted stock granted on this date will vest in 33 1/3% installments over three years beginning on the first anniversary of the award date. |
| 03/22/2024 | 3,000 shares were transferred from the reporting person's direct, unrestricted holdings. |
| 10/17/2024 | Date of the transaction where 7,400 shares of common stock were gifted. |
| 10/18/2024 | Date of signature for the Form 4 filing. |
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