Form 4: HomeStreet Inc. Executive Vice President Reports Stock Transaction

Paulette Lemon, EVP of Retail Banking at HomeStreet, Inc., reports a transaction involving common stock held indirectly through the company's 401(k) Savings Plan.

Summary

• On August 30, 2024, Paulette Lemon, EVP of Retail Banking at HomeStreet, Inc., reported a transaction.
• The transaction involved the acquisition of 2,401.226 shares of common stock at a price of $15.5902 per share.
• These shares are held indirectly through the HomeStreet, Inc. 401(k) Savings Plan.
• Following the reported transaction, Ms. Lemon beneficially owns 16,923.2 shares of HomeStreet, Inc. common stock directly and indirectly.

Sentiment

Score: 5

Explanation: This is a routine disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment, but rather provides information about an executive's investment activity in the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders of a company (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates