Form 4: Investar Holding Corp: Officer Linda M. Crochet Reports Stock Disposal
SEC Form 4 Filing
Linda M. Crochet, Chief Operations Officer of Investar Holding Corp, reported the disposal of 153 shares of common stock on March 1, 2024, to cover tax obligations.
Summary
- On March 1, 2024, Linda M. Crochet, the Chief Operations Officer of Investar Holding Corp, disposed of 153 shares of common stock.
- The transaction was executed at a price of $15.75 per share.
- Following the transaction, Ms. Crochet directly owns 17,489 shares of Investar Holding Corp.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
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 an officer, which is not uncommon for covering tax obligations related to stock-based compensation.
Stakeholder Impact
- The disposal of a small number of shares by an officer is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock disposal transaction |
| 03/05/2024 | Date of signature on the Form 4 filing |
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