4/A: Northrim Bancorp Director John C. Swalling Corrects Previous SEC Filing Regarding Stock Purchase
SEC Filing
John C. Swalling, a director of Northrim Bancorp, filed an amended Form 4 with the SEC to correct an error in a previous filing regarding a stock purchase.
Summary
- John C. Swalling, a director at Northrim Bancorp Inc., filed an amendment to a previous Form 4 filing with the SEC.
- The amendment corrects an error in the original filing from May 3, 2023, which inadvertently included 21 additional shares.
- The corrected filing shows that Swalling purchased 700 shares of Northrim Bancorp common stock at a price of $36.75 per share on May 3, 2023.
- Following the reported transaction, Swalling beneficially owns 8,515.2004 shares of Northrim Bancorp common stock directly.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects transparency and adherence to regulations.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Key Dates
| Date | Description |
|---|---|
| 05/03/2023 | Date of original transaction and original filing which contained an error. |
| 03/11/2025 | Signature date of the amended filing. |
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