Form 4: Lithia Motors Director Kenneth Roberts Reports Stock Transfers
SEC Form 4 Filing
Director Kenneth Roberts reports gifting shares of Lithia Motors stock both directly and indirectly through trusts.
Summary
- On March 1, 2024, Kenneth Roberts, a director of Lithia Motors Inc. (LAD), reported a transaction involving the company's common stock.
- Roberts gifted 194 shares of Lithia Motors Inc. common stock.
- Following the transaction, Roberts directly owns 33,100 shares.
- Roberts also indirectly owns 52,496 shares through the Kenneth Roberts Trust and 10,000 shares through the Carol Roberts Trust.
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.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction itself is unlikely to have a significant impact on stakeholders, as it involves a relatively small number of shares.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock gifting transaction. |
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