Form 4: Northwest Pipe Co. Director Richard A. Roman Acquires Shares
SEC Form 4 Filing
Director Richard A. Roman acquired 2,404 shares of Northwest Pipe Co. at a price of $33.27 on June 13, 2024.
Summary
- On June 13, 2024, Richard A. Roman, a director of Northwest Pipe Co., acquired 2,404 shares of common stock.
- The purchase price was $33.27 per share.
- Following the transaction, Roman directly owns 31,275 shares of Northwest Pipe Co.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of insider trading activity. The purchase itself could be seen as slightly positive, indicating confidence, but it's not a major event.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common among publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of transaction: Richard A. Roman acquired shares of Northwest Pipe Co. |
| 06/17/2024 | Date of signature on the Form 4 filing. |
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