INTT.AMEXIntest CORP

Form 4: inTEST Corp Director Acquires 9,000 Shares of Common Stock

Sentiment:

SEC Form 4 Filing


Jeffrey A. Beck, a director of inTEST Corp, acquired 9,000 shares of common stock on March 6, 2024, under the company's 2023 Stock Incentive Plan.

Summary

  • On March 6, 2024, Jeffrey A. Beck, a director of inTEST Corp, acquired 9,000 shares of common stock.
  • The acquisition was made pursuant to the inTEST Corporation 2023 Stock Incentive Plan.
  • The shares were acquired at a price of $0.
  • These shares are restricted and will vest 25% on each of the following dates: March 31, 2024, June 30, 2024, September 30, 2024, and December 31, 2024.
  • Following the transaction, Beck directly owns 58,500 shares of inTEST Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a company director. The acquisition of shares can be seen as a slightly positive sign, but it's not a major event.

Positives

  • A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.

Key Dates

DateDescription
03/06/2024Date of transaction: Director acquired 9,000 shares of common stock.
03/08/2024Date of Form 4 filing.
03/31/2024First vesting date for 25% of the acquired shares.
06/30/2024Second vesting date for 25% of the acquired shares.
09/30/2024Third vesting date for 25% of the acquired shares.
12/31/2024Final vesting date for 25% of the acquired shares.

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