Form 4: Milestone Scientific Director Michael McGeehan Sells 20,000 Shares
SEC Form 4
Director Michael McGeehan of Milestone Scientific Inc. sold 20,000 shares of common stock at an average price of $0.7766 on December 19, 2024.
Summary
- On December 19, 2024, Michael McGeehan, a director of Milestone Scientific Inc., sold 20,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $0.7766 per share.
- The prices for individual transactions ranged from $0.7700 to $0.7950 per share.
- Following the transaction, McGeehan directly owns 575,273 shares of Milestone Scientific Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a standard disclosure of a transaction by a company insider. It's common for directors and officers to buy and sell shares of their company's stock.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the director's reasons for selling.
Key Dates
| Date | Description |
|---|---|
| 12/19/2024 | Date of transaction: Michael McGeehan sold 20,000 shares of Milestone Scientific Inc. |
| 12/20/2024 | Date of signature for the Form 4 filing. |
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