4/A: Lifeloc Technologies CFO Amends Filing to Disclose Share Purchase

Vern D. Kornelsen, CFO of Lifeloc Technologies, amends a previous filing to report a purchase of 45,620 shares of common stock at $3.80 per share.

Summary

• Vern D. Kornelsen, the Chief Financial Officer of Lifeloc Technologies, Inc., filed an amended Form 4 with the SEC.
• The amendment relates to a transaction that occurred on July 23, 2024, where Kornelsen purchased 45,620 shares of Lifeloc Technologies' common stock.
• The purchase price was $3.80 per share.
• Following the reported transaction, Kornelsen beneficially owns 2,065,319 shares indirectly.
• These shares are held through EDCO Partners LLLP, where Kornelsen is a general partner.
• EDCO Partners LLLP holds 57,478 shares on behalf of Kornelsen and 215,149 shares on behalf of Enroxtech, Inc., where Kornelsen is president and holds a beneficial interest.
• EDCO Partners, LLLP holds a total of 2,065,319 shares, over which the reporting person exercises voting or investment control.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a transaction. The purchase itself is a slightly positive signal, but it's not overwhelmingly significant.

Positives

• The CFO's purchase of shares could be interpreted as a sign of confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure related to insider trading and is common for publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• Shareholders may view the CFO's purchase as a positive signal, potentially increasing investor confidence.

Key Dates

Keywords

Form 4, Lifeloc Technologies, LCTC, Vern D. Kornelsen, CFO, Share Purchase, Beneficial Ownership, EDCO Partners LLLP, Enroxtech, Inc.