Form 4: inTEST Corp Director Acquires 9,000 Restricted Shares
SEC Form 4 Filing
Director Jeffrey A. Beck acquired 9,000 restricted shares of inTEST Corp on March 17, 2025, under the company's 2023 Stock Incentive Plan.
Summary
- Jeffrey A. Beck, a director of inTEST Corp, acquired 9,000 restricted shares of common stock on March 17, 2025.
- The shares were issued under the inTEST Corporation 2023 Stock Incentive Plan.
- The acquisition price was $0 per share.
- These restricted shares will vest on March 17, 2026.
- Following the transaction, Beck directly owns 67,500 shares of inTEST Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of shares by a director is generally viewed as a positive sign, but it's a routine occurrence.
Positives
- The acquisition of restricted shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors. It's a standard practice for publicly traded companies.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: Jeffrey A. Beck acquired 9,000 restricted shares. |
| 03/17/2026 | Vesting date for the 9,000 restricted shares acquired by Jeffrey A. Beck. |
| 03/19/2025 | Date of signature for the Form 4 filing. |
Keywords
inTEST Corp, Jeffrey A. Beck, restricted shares, Form 4, director, stock incentive plan, beneficial ownership
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