Form 4: Inuvo, Inc. Chairman & CEO Richard K. Howe Reports Stock Transactions
SEC Form 4 Filing
Richard K. Howe, Chairman & CEO of Inuvo, Inc., reports the acquisition and disposal of common stock and restricted stock units on February 3, 2025.
Summary
- On February 3, 2025, Richard K. Howe, Chairman & CEO of Inuvo, Inc., reported transactions involving Inuvo's common stock and restricted stock units.
- Howe acquired 366,667 shares of common stock at a price of $0.0000 per share due to the vesting of restricted stock units.
- He also disposed of 167,246 shares of common stock at a price of $0.4581 per share.
- Following these transactions, Howe directly owns 3,905,925 shares of Inuvo's common stock.
- The reported transactions involved the vesting of restricted stock units, which convert into common stock.
- The restricted stock units vest 33.33% per year beginning on the first anniversary of the grant date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions without expressing any positive or negative outlook.
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 key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/03/2025 | Date of earliest transaction (acquisition and disposal of shares and restricted stock units). |
| 02/03/2025 | Restricted stock units become vested 33.33% per year beginning on the first anniversary of the date of grant. |
| 02/05/2025 | Date of signature by John B. Pisaris, Attorney-in-Fact. |
Keywords
Inuvo, Inc., Richard K. Howe, Form 4, Stock Transactions, Beneficial Ownership, Restricted Stock Units, Common Stock, INUV
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