Form 4: Nuvera Communications CEO Glenn Zerbe Acquires Stock Options
SEC Form 4 Filing
Nuvera Communications CEO Glenn Zerbe reports the acquisition of 45,073 stock options on March 28, 2024.
Summary
- On March 28, 2024, Glenn Zerbe, CEO of Nuvera Communications, acquired 45,073 stock options.
- The options have an exercise price of $11.
- The options become exercisable on March 28, 2025, and expire on March 28, 2034.
- Following the transaction, Zerbe directly owns 45,073 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and provides transparency to investors regarding the holdings of company executives.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 03/28/2024 | Date of transaction: Glenn Zerbe acquired 45,073 stock options. |
| 03/28/2025 | Date exercisable: Stock options become exercisable. |
| 03/28/2034 | Expiration date: Stock options expire. |
| 04/02/2024 | Date of Form 4 filing. |
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