Form 4: John Marshall Bancorp CFO Kent Carstater Reports Stock Disposals
SEC Form 4 Filing
Kent Carstater, CFO of John Marshall Bancorp, reports disposing of common stock to cover tax obligations related to vesting restricted stock awards.
Summary
- Kent Carstater, the Chief Financial Officer of John Marshall Bancorp, Inc. (JMSB), filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On December 19, 2024, Carstater disposed of 128 shares of common stock at a price of $21 per share.
- On December 20, 2024, Carstater disposed of 264 shares of common stock at a price of $21.5 per share.
- These transactions were likely to cover tax obligations related to the vesting of restricted stock awards.
- Following these transactions, Carstater directly owns 43,585 shares of John Marshall Bancorp, Inc.
- This total includes 9,208 shares relating to unvested restricted stock awards issuable upon vesting.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. Disposals to cover tax obligations are common.
Key Dates
| Date | Description |
|---|---|
| 12/19/2024 | Disposal of 128 shares of common stock at $21 per share. |
| 12/20/2024 | Disposal of 264 shares of common stock at $21.5 per share. |
| 12/23/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.