Form 4: Mobile Infrastructure Corp Director Garfinkle Increases Stake with Recent Stock Purchases
SEC Form 4
Director David Garfinkle reports acquiring additional shares of Mobile Infrastructure Corp (BEEP) common stock through open market purchases.
Summary
- On May 23, 2024, Director David Garfinkle purchased 5,800 shares of Mobile Infrastructure Corp (BEEP) common stock at a price of $3.45 per share.
- On May 24, 2024, Garfinkle acquired an additional 4,800 shares at $3.40 per share.
- Following these transactions, Garfinkle directly owns 10,600 shares of the company's common stock.
Sentiment
Score: 6
Explanation: Director's stock purchase is generally a positive sign, but the impact is moderate given the relatively small number of shares purchased.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Director's buying activity is often monitored as an indicator of a company's health and future performance within its industry.
Stakeholder Impact
- The director's stock purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | David Garfinkle purchased 5,800 shares of BEEP at $3.45. |
| 05/24/2024 | David Garfinkle purchased 4,800 shares of BEEP at $3.40. |
| 05/28/2024 | Date of signature for the Form 4 filing. |
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