Form 4: Maria N. Fregosi Reports Acquisition of Interlink Electronics Shares Through Stock Dividend
SEC Filing
Director Maria N. Fregosi reports acquiring 1,282 shares of Interlink Electronics through a stock dividend, increasing her total holdings to 4,945 shares.
Summary
- Maria N. Fregosi, a director of Interlink Electronics INC [LINK], filed a Form 4 on July 16, 2024, reporting a change in beneficial ownership.
- The earliest transaction date reported was July 15, 2024.
- Fregosi acquired 1,282 shares of common stock through a stock dividend at a price of $0 per share.
- Following the transaction, Fregosi directly owns 4,945 shares of Interlink Electronics common stock.
- The stock dividend was declared on March 1, 2024, and was payable to holders of record on March 11, 2024, at a rate of one-half of one share for each share outstanding.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing related to a stock dividend. The director increasing their holdings could be seen as slightly positive, but it's not a major event.
Positives
- The director's increased stake could be interpreted as a sign of confidence in the company's future.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading and provide investors with insights into the actions of company insiders.
Stakeholder Impact
- The stock dividend impacts all shareholders by increasing the number of shares outstanding.
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 transaction (stock dividend acquisition). |
| July 16, 2024 | Date Form 4 was filed. |
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