Form 4: Steven J. Abrams Acquires 9,000 Shares of inTEST Corp (INTT)
SEC Form 4 Filing
Director Steven J. Abrams reports acquisition of 9,000 shares of inTEST Corp stock, granted as restricted shares under the company's 2023 Stock Incentive Plan.
Summary
- On March 17, 2025, Steven J. Abrams, a director of inTEST Corp, acquired 9,000 shares of common stock.
- These shares were acquired as restricted shares under the inTEST Corporation 2023 Stock Incentive Plan.
- The shares will vest on March 17, 2026.
- Following the transaction, Abrams directly owns 9,000 shares and indirectly owns 87,000 shares through the Steven J. Abrams Revocable Trust.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The acquisition of shares by a director is generally seen as a positive sign, indicating confidence in the company's future. However, it's a routine filing, so the impact is limited.
Positives
- The acquisition of shares by a director signals confidence in the company's future prospects.
- The vesting period of the restricted shares aligns the director's interests with the long-term performance of the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- Shareholders may view the director's stock acquisition as a positive signal.
- The transaction has no immediate impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: Abrams acquired 9,000 shares of inTEST Corp common stock. |
| 03/17/2026 | Vesting date for the 9,000 restricted shares acquired by Abrams. |
| 03/19/2025 | Date of signature on the Form 4 filing. |
Keywords
inTEST Corp, Steven J. Abrams, Form 4, Stock Incentive Plan, Restricted Shares, Director, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.