Form 4: LCNB Corp Director Johnson Acquires Shares, Disposes of Others in Recent Transaction
SEC Form 4 Filing
Director Craig Millis Johnson reports acquiring and disposing of LCNB Corp common stock in a transaction on March 4, 2024.
Summary
- On March 4, 2024, Craig Millis Johnson, a director of LCNB Corp, engaged in a transaction involving the company's common stock.
- Johnson acquired 1,226 shares of LCNB Corp common stock at a price of $13.87 per share.
- Johnson also disposed of 4,484 shares of LCNB Corp common stock.
- Following the transaction, Johnson directly owns 4,484 shares and indirectly owns 6,000 shares through a spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It allows investors to monitor the actions of those with privileged information.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider trading activity, which can be perceived as a signal of the director's confidence (or lack thereof) in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Date of stock transaction (acquisition and disposition) |
| 03/05/2024 | Date of signature on the Form 4 filing |
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