Form 4: Indie Semiconductor SVP Reports Stock Transactions
SEC Form 4 Filing
Kanwardev Raja Singh Bal, SVP and Chief Accounting Officer of indie Semiconductor, reports acquisition and disposal of Class A Common Stock and Restricted Stock Units.
Summary
- On March 9, 2024, Kanwardev Raja Singh Bal acquired 1,442 shares of Class A Common Stock.
- On March 11, 2024, Bal disposed of 734 shares of Class A Common Stock at a price of $6.88.
- These transactions resulted in Bal owning 5,176 shares of Class A Common Stock following the reported transactions.
- Bal also transacted 1,442 Restricted Stock Units on March 9, 2024.
- Following the transaction, Bal owns 2,885 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 2022-12-07 | Power of attorney filed |
| 2024-03-09 | Acquisition of 1,442 shares of Class A Common Stock and transaction of 1,442 Restricted Stock Units |
| 2024-03-11 | Disposal of 734 shares of Class A Common Stock at $6.88 |
| 2024-03-12 | Date of signature for the report |
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