Form 4: John Marshall Bancorp Director Jonathan Kinney Sells Shares
SEC Form 4 Filing
Director Jonathan Kinney sold 10 shares of John Marshall Bancorp stock at $24.28 per share on November 15, 2024.
Summary
- Jonathan Kinney, a director at John Marshall Bancorp, sold 10 shares of common stock on November 15, 2024, at a price of $24.28 per share.
- Following the transaction, Mr. Kinney's total beneficial ownership includes 45,322 shares held indirectly through Denali LC, 179,948 shares held directly, 275,396 shares held indirectly through KF Associates, 110,898 shares held indirectly through Tranz Dominion, LLC, and 5,624 shares held indirectly through his spouse.
- The direct holdings include 2,599 unvested restricted stock awards.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral transaction.
Industry Context
Form 4 filings are a standard part of regulatory compliance for company insiders, providing transparency into their trading activities. This filing is typical for a director of a publicly traded company.
Comparison to Industry Standards
- Form 4 filings are a standard practice for all publicly traded companies in the US, as mandated by the SEC.
- The sale of 10 shares is a very small transaction and is not unusual for directors of public companies.
- The filing is consistent with the requirements of Section 16(a) of the Securities Exchange Act of 1934.
Stakeholder Impact
- The sale of 10 shares by a director is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | Date of the stock sale transaction. |
| 11/18/2024 | Date the Form 4 was signed. |
Keywords
John Marshall Bancorp, JMSB, insider trading, Form 4, Jonathan Kinney, stock sale, beneficial ownership, director
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