Form 4: Inuvo Inc. Executive John B. Pisaris Reports Stock Transactions
SEC Form 4 Filing
General Counsel John B. Pisaris reports acquisition and disposal of Inuvo, Inc. stock and restricted stock units on April 1, 2024.
Summary
- On April 1, 2024, John B. Pisaris, General Counsel of Inuvo, Inc., reported transactions involving the company's stock.
- Pisaris acquired 66,666 shares of common stock at $0.00 through the vesting of restricted stock units.
- He also disposed of 29,766 shares of common stock at a price of $0.3372.
- Following these transactions, Pisaris directly owns 737,132 shares of Inuvo, Inc. common stock.
- Pisaris also holds 133,334 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The restricted stock units vest 33.33% per year beginning on the first anniversary of the date of grant.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders trade in their own company's stock. It provides transparency to investors regarding the transactions of company executives.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of stock acquisition and disposal, and restricted stock unit vesting. |
| 04/01/2025 | First vesting date of the restricted stock units (33.33%). |
| 04/01/2026 | Expiration date of the restricted stock units. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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