Form 4: Natural Grocers CFO Todd Dissinger Sells 15,000 Shares
SEC Form 4 Filing
Todd Dissinger, CFO of Natural Grocers, sold 15,000 shares of common stock at an average price of $15.30 on February 28, 2024.
Summary
- On February 28, 2024, Todd Dissinger, the Chief Financial Officer of Natural Grocers by Vitamin Cottage, Inc. (NGVC), sold 15,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $15.30 per share, with individual trades ranging from $15.08 to $15.73.
- Following the transaction, Dissinger directly owns 37,069 shares of Natural Grocers common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an insider.
Industry Context
Insider sales are a common occurrence and are publicly disclosed to maintain transparency in the market. The sale by the CFO could be for personal financial planning reasons and doesn't necessarily indicate a negative outlook on the company.
Stakeholder Impact
- The sale of shares by a company executive may cause some investors to re-evaluate their positions, although it is a common and regularly disclosed event.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock sale transaction |
| 03/01/2024 | Date of signature on the Form 4 filing |
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