Form 4: Intellinetics Director John C. Guttilla Acquires 3,500 Shares
SEC Form 4 Filing
Director John C. Guttilla of Intellinetics, Inc. purchased 3,500 shares of common stock at $14.5 per share on December 5, 2024.
Summary
- John C. Guttilla, a director at Intellinetics, Inc., acquired 3,500 shares of the company's common stock.
- The transaction occurred on December 5, 2024, at a price of $14.5 per share.
- Following the transaction, Mr. Guttilla's spouse indirectly holds 21,905 shares of Intellinetics stock.
Sentiment
Score: 6
Explanation: The document reflects a routine insider transaction. While a director buying shares is generally positive, it's not a major event that would significantly shift sentiment.
Positives
- A director's purchase of shares can be seen as a positive signal 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 the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States.
- The transaction is typical for directors and officers who are required to disclose their trades in company stock.
- The size of the transaction is relatively small compared to large institutional trades, but it is still relevant for tracking insider activity.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment due to the director's purchase.
Key Dates
| Date | Description |
|---|---|
| 12/05/2024 | Date of the stock purchase transaction. |
| 12/09/2024 | Date the Form 4 was signed. |
Keywords
Intellinetics, Director, Share Purchase, Form 4, Beneficial Ownership, INLX, Stock Transaction
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