Form 4: National Beverage Corp Director Samuel Hathorn Disposes of Shares Through Gifts

Sentiment:

SEC Form 4 Filing


Director Samuel Hathorn of National Beverage Corp disposed of 28,000 shares of common stock through gifts over several days in December 2023.

Summary

  • Samuel Hathorn, a director at National Beverage Corp, has reported disposing of 28,000 shares of common stock.
  • These shares were disposed of through gifts on three separate dates in December 2023.
  • The transactions occurred on December 22, 2023, December 26, 2023 and December 30, 2023.
  • The prices per share at the time of the gifts were $49.34, $49.80, and $42.50 respectively.
  • Following these transactions, Mr. Hathorn's direct ownership of National Beverage Corp stock decreased to 60,766 shares.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the beverage industry and across all publicly traded companies.

Comparison to Industry Standards

  • Similar filings are regularly made by directors and officers of publicly traded companies like Coca-Cola (KO) and PepsiCo (PEP) when they buy or sell shares.
  • These transactions are a normal part of corporate governance and insider trading regulations.
  • The volume of shares disposed of by Mr. Hathorn is not unusual for a director's transactions.

Stakeholder Impact

  • The transactions may have a minor impact on the stock price, but are unlikely to significantly affect shareholders.

Key Dates

DateDescription
12/22/2023Samuel Hathorn gifted 6,000 shares of National Beverage Corp stock at $49.34 per share.
12/26/2023Samuel Hathorn gifted 2,000 shares of National Beverage Corp stock at $49.80 per share.
12/30/2023Samuel Hathorn gifted 20,000 shares of National Beverage Corp stock at $42.50 per share.
01/10/2025Date of signature on the SEC Form 4 filing.

Keywords

National Beverage Corp, FIZZ, Samuel Hathorn, stock disposal, gifts, director, share ownership

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