Form 4: Intevac Inc. Executive Colin Dickinson Reports Stock Disposals
SEC Form 4 Filing
Colin Dickinson, V.P. of Operations at Intevac Inc., reported the disposal of common stock to cover tax obligations.
Summary
- On August 15, 2024, Colin Dickinson, V.P. of Operations at Intevac Inc., disposed of 763 and 5,341 shares of common stock at a price of $3.66 per share.
- These transactions were reported on a Form 4 filing with the SEC.
- Following the transactions, Dickinson directly owns 119,557 shares of Intevac Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. It doesn't convey any positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions. It's common for executives to sell shares to cover tax obligations related to stock awards or option exercises.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock disposal transactions |
| 08/16/2024 | Date of signature on the Form 4 filing |
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