4/A: Landsea Homes CEO John Ho Amends SEC Filing to Include Power of Attorney
SEC Form 4/A
John Ho, CEO of Landsea Homes, amends a previous SEC Form 4 filing to include a Power of Attorney document.
Summary
- John Ho, the CEO of Landsea Homes Corporation, filed an amendment to his Form 4 with the SEC.
- The amendment includes a Power of Attorney, which was inadvertently omitted from the original filing.
- The Power of Attorney appoints C. Kelly Rentzel as attorney-in-fact to handle SEC filings on Ho's behalf.
- The original filing reported Ho's purchase of 17,241 shares of Landsea Homes common stock at $11.60 per share on March 8, 2024, through participation in an underwritten public offering.
- As of the filing, Ho directly owns 459,845 shares of common stock and indirectly owns 25,082 shares through the J & J Ho Family Trust, for which he serves as trustee.
- Ho also holds restricted stock units (RSUs) that will vest on March 15, 2024, March 15, 2025 and April 19, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating neutral sentiment.
Industry Context
This is a routine SEC filing related to insider trading activity and delegation of authority for SEC filings, common for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of earliest transaction (purchase of shares) and original filing date. |
| 03/08/2024 | John Ho purchased 17,241 shares of Common Stock at $11.60 per share. |
| 03/15/2024 | One-half of 124,309 RSUs will vest. |
| 03/15/2025 | One-half of 124,309 RSUs will vest. |
| 03/28/2024 | Date of execution of the Power of Attorney. |
| 04/04/2024 | Date of the amended filing. |
| 04/19/2024 | 21,986 RSUs will vest. |
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