Form 4: M-tron Industries Director Hendi Susanto Acquires Shares in Annual Stock Grant
SEC Form 4 Filing
Director Hendi Susanto acquired 364 shares of M-tron Industries, Inc. common stock on March 21, 2024, as part of an annual stock grant.
Summary
- On March 21, 2024, Hendi Susanto, a director of M-tron Industries, Inc. (MPTI), acquired 364 shares of common stock.
- The acquisition was part of an annual stock grant to non-employee directors.
- The price per share was $0.
- Following the transaction, Susanto directly owns 6,093 shares of MPTI common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction (stock grant) and doesn't indicate any major positive or negative developments for the company.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small number of shares related to director compensation.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of transaction: Hendi Susanto acquired 364 shares of M-tron Industries common stock. |
| 03/25/2024 | Date of signature on the Form 4 filing. |
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