Form 4: MainStreet Bancshares Chief Risk Officer Reports Stock Transactions
SEC Form 4 Filing
Michael B. Baboval, Chief Risk Officer of MainStreet Bancshares, reports acquisition and disposal of common stock.
Summary
- On March 3, 2025, Michael B. Baboval, the Chief Risk Officer of MainStreet Bancshares, Inc. (MNSB), reported transactions involving the company's common stock.
- Baboval acquired 729 shares of common stock at a price of $16.8 per share.
- Baboval also reported indirect ownership of 1,857 shares through a 401(k) plan.
- Following these transactions, Baboval directly owns 5,121 shares of MainStreet Bancshares common stock.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports stock transactions by a company insider.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This allows investors to gain insight into management's perspective on the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of stock transaction and filing of Form 4 |
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