Form 4: Intrusion Inc. CFO Kimberly Pinson Reports Acquisition of Restricted Stock Units

Kimberly Pinson, CFO of Intrusion Inc., reports the acquisition of 37,385 restricted stock units at a price of $2.18 on February 4, 2025.

Summary

• On February 4, 2025, Kimberly Pinson, the Chief Financial Officer of Intrusion Inc., acquired 37,385 shares of common stock.
• These shares were obtained in the form of restricted stock units, awarded as part of the 2021 Intrusion Inc. Omnibus Incentive Plan.
• The price per share was $2.18.
• Following this transaction, Pinson's total beneficial ownership in Intrusion Inc. amounts to 57,961 shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of stock units by the CFO suggests confidence in the company's future prospects. However, it's a routine transaction and doesn't necessarily indicate a major shift in the company's outlook.

Positives

• The acquisition of restricted stock units by the CFO aligns her interests with those of the shareholders.
• The restricted stock units vest on the anniversary of the award date, incentivizing long-term performance.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

• Equity compensation in the form of restricted stock units is a common practice among publicly traded companies to incentivize and retain key employees.
• The vesting schedule of one year is also fairly standard.
• Comparable companies in the cybersecurity sector, such as CrowdStrike or Palo Alto Networks, also utilize similar equity compensation plans for their executives.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it aligns the CFO's interests with theirs.
• Employees may view the equity incentive plan as a positive aspect of their compensation.

Key Dates

Keywords

Form 4, Insider Trading, Restricted Stock Units, Beneficial Ownership, INTZ, Intrusion Inc., Kimberly Pinson, CFO