Form 4: John Marshall Bancorp Director Exercises Stock Options
SEC Form 4 Filing
Director Nguonly Lim exercised stock options and acquired common stock in John Marshall Bancorp, Inc.
Summary
- On April 9, 2024, Nguonly Lim, a director of John Marshall Bancorp, Inc. (JMSB), exercised stock options to acquire 11,250 shares of common stock at a price of $11.77 per share.
- Following the transaction, Lim directly owns 72,765 shares of common stock and indirectly owns 762 shares through their spouse.
- The exercised stock options were granted on April 28, 2020, and were set to expire on April 28, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction could have a minor impact on shareholders due to the increase in outstanding shares, but it's unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 04/28/2020 | Date stock options were granted. |
| 04/09/2024 | Date of transaction: Director exercised stock options. |
| 04/10/2024 | Date of filing. |
| 04/28/2025 | Expiration date of the stock options. |
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