Form 4: Interlink Electronics Director Hou Reports Stock Dividend and Indirect Holdings
SEC Form 4
Director Joy C. Hou reports acquisition of shares through a stock dividend and indirect ownership via a minor child.
Summary
- On July 15, 2024, Director Joy C. Hou reported changes in beneficial ownership of Interlink Electronics Inc. stock.
- The report indicates the acquisition of 1,282 shares of common stock at $0, resulting in a direct ownership of 13,056 shares.
- It also notes indirect ownership of 7,125 shares held by Ms. Hou's minor child.
- These amounts include shares received as a result of a stock dividend declared on March 1, 2024, and payable on March 11, 2024, of one-half of one share of common stock for each share of common stock outstanding.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting standard reporting requirements. There is no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track potential alignment or misalignment of interests between management and shareholders.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| March 1, 2024 | Interlink declared a stock dividend. |
| March 11, 2024 | Record date for the stock dividend. |
| July 15, 2024 | Date of the reported transaction. |
| July 16, 2024 | Date of signature on the report. |
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