Form 4: National Beverage Corp Director Sells 12,000 Shares

Cecil D. Conlee, a director at National Beverage Corp, sold 12,000 shares of common stock on April 9, 2024, at an average price of $47.937 per share.

Summary

• On April 9, 2024, Cecil D. Conlee, a director of National Beverage Corp (FIZZ), sold 12,000 shares of the company's common stock.
• The sale was executed at an average price of $47.937 per share.
• Following the transaction, Conlee directly owns 60,480 shares of National Beverage Corp.
• The transaction was reported on a Form 4 filing with the SEC on April 11, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a director's stock sale. It doesn't inherently convey positive or negative sentiment, but the market's reaction to the sale could influence sentiment.

Industry Context

Sales by company directors are a common occurrence and are publicly disclosed to ensure transparency and prevent insider trading. The market may interpret such sales in various ways, depending on the size of the sale, the director's reasons, and the company's overall performance.

Stakeholder Impact

• Shareholders may react to the director's stock sale, potentially influencing the stock price.
• The sale itself has no direct impact on employees, customers, suppliers, or creditors.

Key Dates