Form 4: Intellinetics Director John C. Guttilla Acquires 10,000 Shares of Common Stock
SEC Form 4 Filing
Director John C. Guttilla of Intellinetics, Inc. (INLX) purchased 10,000 shares of common stock at $6.60 per share on May 29, 2024.
Summary
- On May 29, 2024, John C. Guttilla, a director of Intellinetics, Inc. (INLX), acquired 10,000 shares of common stock.
- The purchase price was $6.60 per share.
- Following the transaction, Guttilla directly owns 8,405 shares and indirectly owns 18,405 shares through a spouse.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director. While insider buying can be seen as a positive signal, it's a single transaction and doesn't provide enough information to strongly indicate a positive outlook.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This is a standard SEC Form 4 filing, which is required when a company insider (such as a director or officer) buys or sells shares of the company's stock. It provides transparency into insider transactions.
Stakeholder Impact
- Shareholders may view the director's stock purchase as a positive sign of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Date of transaction: John C. Guttilla purchased 10,000 shares of Intellinetics common stock. |
| 05/31/2024 | Date of signature on the Form 4 filing. |
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