Form 4: IMAC Holdings Director Jorge Ruiz Acquires Additional Shares
SEC Form 4 Filing
Director Jorge Ruiz of IMAC Holdings, Inc. purchased 1 share of common stock at $2.69 on April 5, 2024, increasing his direct holdings to 141,230 shares.
Summary
- On April 5, 2024, Jorge Ruiz, a director of IMAC Holdings, Inc., acquired 1 share of common stock.
- The purchase price was $2.69 per share.
- Following the transaction, Ruiz directly owns 141,230 shares of IMAC Holdings, Inc. common stock.
- A power of attorney was granted to Samuel E. Whitley, effective February 28, 2025, to file Forms 3, 4, 5, and Schedule 13G on behalf of Jorge Ruiz.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock purchase by a director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a transaction by a company insider and provides insight into their investment activity in the company's stock.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence as it indicates a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 04/05/2024 | Date of transaction: Jorge Ruiz purchased 1 share of common stock. |
| 03/18/2025 | Signature date of Jorge Ruiz |
| 02/28/2025 | Effective date of the Limited Power of Attorney granted to Samuel E. Whitley. |
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