Form 4: Inuvo Inc. President Lowenthal Reports Stock Transactions
SEC Form 4 Filing
Barry Lowenthal, President of Inuvo, Inc., reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On May 22, 2024, Barry Lowenthal, President of Inuvo, Inc., reported transactions involving Inuvo's common stock and restricted stock units.
- Lowenthal acquired 416,666 shares of common stock at $0.00, and disposed of 210,238 shares at $0.283.
- Following these transactions, Lowenthal directly owns 206,428 shares of common stock.
- Lowenthal also reported the acquisition of 136,635 restricted stock units on July 31, 2024, exercisable from July 31, 2025, to July 31, 2025.
- He also owns 833,334 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The restricted stock units become vested 33.33% per year beginning on the first anniversary of the date of grant.
Industry Context
Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their trading activities. This allows investors to monitor management's sentiment and potential alignment with shareholder interests.
Stakeholder Impact
- Shareholders can use this information to understand the trading activity of a key executive.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of common stock and restricted stock unit transactions |
| 05/22/2026 | Expiration date for some restricted stock units |
| 07/31/2024 | Date of restricted stock unit acquisition |
| 07/31/2025 | Exercisable and expiration date for restricted stock units |
| 08/01/2024 | Date of signature for the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.