Form 4: Nanophase Technologies Director Janet Whitmore Acquires Additional Shares
SEC Form 4
Director Janet Whitmore increased her holdings in Nanophase Technologies through open market purchases.
Summary
- On June 10, 2024, Janet Whitmore, a director of Nanophase Technologies Corp, acquired 18,049 shares of common stock at an average price of $1.4416 per share.
- On June 11, 2024, she acquired an additional 320 shares at $1.46 per share.
- Following these transactions, Whitmore directly owns 1,908,641 shares of Nanophase Technologies common stock.
- Whitmore also holds options to purchase various amounts of common stock at exercise prices ranging from $0.45 to $4.17, with expiration dates extending to 2030.
- She also holds 20,030 shares of deferred common stock, payable upon termination of her service as a director.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a routine transaction.
Positives
- A director's purchase of shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider buying is often monitored as an indicator of management's view of the company's prospects, relative to the broader market.
Stakeholder Impact
- Shareholders may view the director's purchase as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 11/17/2016 | Date of grant for multiple stock options with varying exercise prices, expiring on 11/17/2026. |
| 02/21/2018 | Date of grant for stock options with an exercise price of $0.68, expiring on 02/21/2027, vesting in three equal annual installments. |
| 05/23/2019 | Date of grant for stock options with an exercise price of $0.82, expiring on 05/23/2028, vesting in three equal annual installments. |
| 06/18/2021 | Date of grant for stock options with an exercise price of $0.45, expiring on 06/18/2027, vesting in three equal annual installments. |
| 12/28/2022 | Date of grant for stock options with an exercise price of $4.17, expiring on 12/28/2028, vesting in three equal annual installments. |
| 12/20/2023 | Date of grant for stock options with an exercise price of $1.165, expiring on 12/20/2029, vesting in three equal annual installments. |
| 06/10/2024 | Janet Whitmore acquired 18,049 shares of common stock at an average price of $1.4416 per share. |
| 06/11/2024 | Janet Whitmore acquired 320 shares of common stock at $1.46 per share. |
| 06/12/2024 | Date of signature for the Form 4 filing. |
| 12/27/2024 | Date of grant for stock options with an exercise price of $0.61, expiring on 12/27/2030, vesting in three equal annual installments. |
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