Form 4: HomeStreet Inc. Executive Erik D. Hand Sells 5,000 Shares
SEC Form 4 Filing
EVP of Mortgage Lending at HomeStreet, Erik D. Hand, sold 5,000 shares of common stock on December 17, 2024.
Summary
- On December 17, 2024, Erik D. Hand, EVP of Mortgage Lending at HomeStreet, Inc., sold 5,000 shares of common stock at a price of $11.45 per share.
- Following the transaction, Hand directly owns 4,724 shares of HomeStreet, Inc.
- Hand also indirectly owns 3,166.12 shares through the HomeStreet, Inc. 401(k) Savings Plan as of June 30, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It's important to consider the context of the sale, such as the executive's overall holdings and the company's performance.
Stakeholder Impact
- The stock sale could have a minor impact on shareholder sentiment, depending on how the market interprets the transaction.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of shareholding in 401(k) plan |
| 12/17/2024 | Date of stock sale transaction |
| 12/18/2024 | Date of signature on the Form 4 filing |
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