Form 4: Intevac VP of Operations, Colin Dickinson, Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Colin John Dickinson, VP of Operations at Intevac Inc, disposed of 766 shares of common stock on February 15, 2025, to cover tax obligations.
Summary
- On February 15, 2025, Colin John Dickinson, the VP of Operations at Intevac Inc, disposed of 766 shares of common stock.
- The transaction was executed at a price of $4.04 per share.
- Following the transaction, Dickinson directly owns 168,599 shares of Intevac Inc.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This particular filing indicates a sale of shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of stock disposal transaction |
| 02/18/2025 | Signature date of the Form 4 report |
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