Form 4: Investar Holding Corp Executive Jeffrey Wayne Martin Reports Stock Disposal
SEC Form 4 Filing
Jeffrey Wayne Martin, Chief Credit Officer of Investar Holding Corp, reports disposing of 99 shares of common stock to cover tax obligations.
Summary
- On May 1, 2024, Jeffrey Wayne Martin, Chief Credit Officer of Investar Holding Corp, disposed of 99 shares of common stock.
- The transaction was executed at a price of $16.55 per share.
- This disposal was related to covering tax obligations.
- Following the transaction, Martin directly owns 16,991 shares of common stock and indirectly owns 4,889 shares through a 401(k).
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in company stock. This filing indicates a standard transaction to cover tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a small disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of stock disposal transaction |
| 05/03/2024 | Date of signature on the Form 4 filing |
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