Form 4: Bradford T. Whitmore Updates Beneficial Ownership in Nanophase Technologies Corp

Bradford T. Whitmore, a director of Nanophase Technologies Corp, reports changes in beneficial ownership, including adjustments to shares held directly and indirectly through various entities.

Summary

• Bradford T. Whitmore, a director of Nanophase Technologies Corp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• The report indicates that Whitmore no longer has a reportable beneficial interest in 57,791 shares of common stock previously reported as owned by his daughter.
• Whitmore's direct ownership includes 108,141 shares.
• He also has indirect ownership through Whitmore Holdings, LLC (25,358,879 shares), Strandler, LLC (23,684,270 shares), and Grace Investments, LP (675,515 shares).
• The transactions occurred on September 3, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their holdings and transactions in the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key company director.

Key Dates