Form 4: Laird Superfood Director Gregory B Graves Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Gregory B Graves reports acquiring 20,000 shares of Laird Superfood common stock through restricted stock units and disposing of 100,000 shares.
Summary
- On June 27, 2024, Gregory B Graves, a director of Laird Superfood, Inc., reported a transaction involving the company's common stock.
- Graves acquired 20,000 shares of common stock through the settlement of restricted stock units (RSUs).
- The RSUs were granted under the Laird Superfood, Inc. 2020 Omnibus Incentive Plan, as amended.
- These RSUs will vest in full on June 27, 2025, contingent upon Graves' continued service to the Issuer.
- Graves also disposed of 100,000 shares of common stock.
- Following these transactions, Graves directly owns 100,000 shares of Laird Superfood.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
The RSUs will vest in full on June 27, 2025, provided that the reporting person is providing certain services to the Issuer through such date.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider trading activity, which is always scrutinized by investors.
Key Dates
| Date | Description |
|---|---|
| 06/27/2024 | Date of transaction: acquisition of 20,000 shares via RSUs and disposal of 100,000 shares. |
| 06/27/2025 | Vesting date for the 20,000 restricted stock units. |
| 06/28/2024 | 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.