Form 4: iCoreConnect Director Acquires Shares in Year-End Transaction

Director Yvonne E. Hyland acquired 8,001 shares of iCoreConnect Inc. common stock at $2.50 per share on December 31, 2024.

Summary

• Yvonne E. Hyland, a director at iCoreConnect Inc., acquired 8,001 shares of common stock on December 31, 2024.
• The shares were purchased at a price of $2.50 per share.
• Following the transaction, Ms. Hyland's total direct holdings increased to 9,684 shares.

Sentiment

Score: 6

Explanation: The document is a routine filing, but the director's purchase could be seen as a slightly positive signal.

Positives

• The director's purchase of shares could be seen as a positive sign of confidence in the company's future.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into insider transactions.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
• The transaction is typical for directors and officers who may acquire or dispose of company stock.

Stakeholder Impact

• The share purchase may have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

iCoreConnect, Director, Share Acquisition, Form 4, Insider Trading, ICCT, Stock Purchase