Form 4: National Beverage Corp Director Stanley M. Sheridan Sells 16,000 Shares

Stanley M. Sheridan, a director at National Beverage Corp, sold 16,000 shares of common stock at an average price of $51.813 on July 5, 2024.

Summary

• On July 5, 2024, Stanley M. Sheridan, a director of National Beverage Corp (FIZZ), sold 16,000 shares of the company's common stock.
• The sale was executed at an average price of $51.813 per share.
• Following the transaction, Sheridan directly owns 76,508 shares of National Beverage Corp.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.

Stakeholder Impact

• Shareholders may react to the news of the director's stock sale, potentially influencing the stock price.

Key Dates