Form 4: Inuvo CEO Richard Howe Reports Stock Transactions
SEC Form 4 Filing
Richard Howe, CEO of Inuvo, Inc., reports the acquisition and disposal of common stock and restricted stock units on April 1, 2024.
Summary
- On April 1, 2024, Richard K. Howe, Chairman & CEO of Inuvo, Inc., reported transactions involving Inuvo's common stock and restricted stock units.
- Howe acquired 366,666 shares of common stock through the vesting of restricted stock units.
- He also disposed of 160,519 shares of common stock at a price of $0.3372 per share.
- Following these transactions, Howe beneficially owns 3,706,504 shares of Inuvo common stock and 733,334 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions may influence investor perception of Inuvo's stock, but the overall impact is likely to be minimal given the nature of the filing.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock acquisition and disposal transactions. |
| 04/01/2026 | Expiration date for restricted stock units. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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