Form 4: Investar Holding Corp Director Andrew Nelson Reports Stock Acquisitions

Director Andrew Nelson reports acquisitions of Investar Holding Corp stock through a dividend reinvestment plan.

Summary

• Andrew Nelson, a director of Investar Holding Corp, reported acquiring shares of common stock through an automatic dividend reinvestment plan.
• On July 31, 2024, Mr. Nelson acquired 325 shares at $18.75 per share and 45 shares indirectly through AJ Investment Co LLC at $18.75 per share.
• On October 31, 2024, Mr. Nelson acquired 305 shares at $21.06 per share and 42 shares indirectly through AJ Investment Co LLC at $21.06 per share.
• Following these transactions, Mr. Nelson directly owns 143,282 shares and indirectly owns 8,610 shares through AJ Investment Co LLC.
• Mr. Nelson holds a 90% equity interest in AJ Investment Co LLC and disclaims beneficial ownership of the shares directly owned by AJ Investment Co LLC except to the extent of his pecuniary interest in approximately 7,749 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects routine stock acquisitions through a dividend reinvestment plan, indicating a standard course of business.

Positives

• The director's participation in the dividend reinvestment plan signals confidence in the company's future.

Industry Context

This filing is a routine disclosure related to insider trading regulations and provides transparency regarding the transactions of company insiders.

Stakeholder Impact

• The stock acquisitions may have a slightly positive impact on shareholder confidence.

Key Dates