Form 4: iCoreConnect Director Kevin McDermott Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Kevin McDermott, a director at iCoreConnect Inc. (ICCT), reported changes in his beneficial ownership of common stock, including acquisitions and disposals, according to a Form 4 filing with the SEC.
Summary
- On December 31, 2024, Kevin McDermott, a director of iCoreConnect Inc., acquired 6,000 shares of common stock at a price of $2.50 per share.
- Following this transaction, McDermott directly owns 10,857 shares.
- On September 30, 2024, McDermott acquired 42,858 shares at $0.35 per share.
- Following this transaction, McDermott directly owns 97,134 shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and provides transparency to the market regarding the trading activities of company directors.
Stakeholder Impact
- Shareholders are informed about the trading activity of a company director, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Acquisition of 42,858 shares of common stock at $0.35 per share. |
| 12/31/2024 | Acquisition of 6,000 shares of common stock at $2.50 per share. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
Keywords
iCoreConnect Inc., ICCT, Form 4, Beneficial Ownership, Kevin McDermott, Director, SEC Filing, Common Stock, Acquisition, Disposal
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