Form 4: ICC Holdings Director Julia B. Suiter Reports Acquisition of 828 Shares of Common Stock

Julia B. Suiter, Chief Legal Officer at ICC Holdings, Inc., reports acquiring 828 shares of common stock through an Employee Stock Ownership Plan (ESOP) on March 4, 2024.

Summary

• On March 4, 2024, Julia B. Suiter, Chief Legal Officer of ICC Holdings, Inc., filed a Form 4 with the SEC.
• The report details the acquisition of 828 shares of common stock through an ESOP.
• The shares were acquired at a price of $0.
• Suiter also indirectly owns shares through a 401(k) and other ESOP holdings.
• A power of attorney was executed on March 1, 2017, granting Kathleen Springer, Julia B. Suiter, Sunjeet S. Gill, and Stephanie R. Hager the authority to act on Suiter's behalf for SEC filings.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing, indicating routine transactions. The sentiment is neutral as it reflects normal corporate activity.

Positives

• The acquisition of shares by a company officer can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity within the company's stock compensation plans.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, ensuring compliance with SEC regulations regarding insider trading.
• Companies like Apple, Microsoft, and Google also require their directors and officers to file Form 4s when they trade company stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions, which can influence investor confidence.

Key Dates