Form 4: Barry Leistner, Director at Nathan's Famous, Disposes of Shares
SEC Form 4 Filing
Director Barry Leistner disposed of 1,750 shares of Nathan's Famous, Inc. common stock on August 26, 2024.
Summary
- On August 26, 2024, Barry Leistner, a director of Nathan's Famous, Inc., disposed of 1,750 shares of common stock.
- The transaction was reported on August 27, 2024.
- Following the transaction, Leistner directly owns 36,409 shares of Nathan's Famous, Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of a transaction. The sentiment is neither positive nor negative as it simply reflects a director's share disposal.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and 10% owners) of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The disposal of shares by a director could be perceived negatively by shareholders, although the impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of transaction: Barry Leistner disposed of 1,750 shares of Nathan's Famous, Inc. common stock. |
| 08/27/2024 | Date of report: Form 4 filing date. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.