Form 4: Investar Holding Corp CFO Reports Stock Disposal

John R. Campbell, CFO of Investar Holding Corp, disposed of 259 shares of common stock on March 1, 2024, to cover tax obligations.

Summary

• John R. Campbell, the Chief Financial Officer of Investar Holding Corp, filed a Form 4 with the SEC.
• The form reports a transaction that occurred on March 1, 2024.
• Campbell disposed of 259 shares of common stock at a price of $15.75 per share.
• This disposal was likely to cover tax obligations related to vesting of shares.
• Following the transaction, Campbell directly owns 5,420 shares of Investar Holding Corp.
• The filing was signed on March 5, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to track the buying and selling activity of individuals with access to non-public information.

Stakeholder Impact

• The disposal of shares by an insider could be perceived negatively by some shareholders, although it is a relatively small transaction and likely for tax purposes.

Key Dates