Form 4: Investar Holding Corp Executive Linda M. Crochet Reports Stock Disposal
SEC Form 4 Filing
Linda M. Crochet, Chief Operations Officer of Investar Holding Corp, reported disposing of 153 shares of common stock on March 1, 2025.
Summary
- Linda M. Crochet, the Chief Operations Officer of Investar Holding Corp, filed a Form 4 on March 4, 2025, reporting a change in beneficial ownership.
- On March 1, 2025, she disposed of 153 shares of common stock at a price of $18.73 per share.
- Following the transaction, Crochet directly owns 21,440 shares of Investar Holding Corp.
- The transaction was related to tax withholding on vested restricted stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction (disposal of shares for tax purposes) by a company executive. It doesn't indicate any significant positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a small disposal of shares by the Chief Operations Officer, which is not uncommon for covering tax obligations related to stock-based compensation.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it involves a small number of shares and is a common practice for executives.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of stock disposal transaction |
| 03/04/2025 | Form 4 filing date |
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