Form 4: Intra-Cellular Therapies Director Robert L. Van Nostrand Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director Robert L. Van Nostrand of Intra-Cellular Therapies, Inc. reports acquiring 83 shares of common stock at $68.49 per share on June 28, 2024.

Summary

  • On June 28, 2024, Robert L. Van Nostrand, a director of Intra-Cellular Therapies, Inc. (ITCI), acquired 83 shares of common stock.
  • The acquisition price was $68.49 per share.
  • Following the transaction, Van Nostrand directly owns 11,340 shares of ITCI common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock transaction by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests between management and shareholders.

Stakeholder Impact

  • The transaction provides shareholders with insight into the actions of a company director.

Key Dates

DateDescription
06/28/2024Date of the transaction: Robert L. Van Nostrand acquired 83 shares of common stock.
07/02/2024Date of signature on the Form 4 filing.

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