Form 4: iCoreConnect Director Acquires 33,651 Shares of Common Stock

Director Yvonne E. Hyland acquired 33,651 shares of iCoreConnect Inc. common stock at a price of $0.35 per share on September 30, 2024.

Summary

• Yvonne E. Hyland, a director at iCoreConnect Inc., acquired 33,651 shares of common stock on September 30, 2024.
• The shares were acquired at a price of $0.35 per share.
• This transaction increased Ms. Hyland's direct ownership of iCoreConnect stock by 33,651 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. While the purchase of shares by a director is generally a positive sign, it's a routine transaction and doesn't indicate a major shift in the company's outlook.

Positives

• A director's purchase of shares can be seen as a positive sign of confidence in the company's future prospects.

Industry Context

This is a standard SEC Form 4 filing, which is common for publicly traded companies when insiders make transactions in their company's stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for all publicly traded companies in the United States.
• The transaction is typical for directors who are acquiring shares in their own company.
• The size of the transaction is relatively small compared to some insider transactions, but is still significant for the individual director.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as it indicates a director's confidence in the company.

Key Dates

Keywords

iCoreConnect, ICCT, insider trading, stock acquisition, common stock, director, Yvonne Hyland