Form 4: NV5 Global Executive VP Transfers Shares to Family Trust
SEC Form 4 Filing
Donald C. Alford, Executive VP of NV5 Global, Inc., transferred shares to a family trust on June 4, 2024.
Summary
- On June 4, 2024, Donald C. Alford, an Executive VP at NV5 Global, Inc., transferred 3,086 shares of common stock from his direct holdings to the J ALFORD & D ALFORD TTEE, ALFORD FAMILY TRUST U/A DTD 02/22/2002 account.
- Following the transaction, Mr. Alford directly owns 12,200 shares of NV5 Global, Inc.
- Mr. Alford indirectly owns 18,352 shares through the ALFORD FAMILY TRUST J ALFORD & D ALFORD TTEE.
- Additionally, Mr. Alford indirectly owns 2,541 shares through his wife's IRA.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a share transfer. It doesn't convey any positive or negative sentiment about the company's performance or future prospects.
Industry Context
This is a routine disclosure of insider transactions, which are common and expected. It doesn't necessarily indicate a change in the company's prospects but provides transparency into executive's holdings.
Stakeholder Impact
- The share transfer has a minimal impact on stakeholders as it is a personal transaction of an executive and does not affect the company's operations or financial position.
Key Dates
| Date | Description |
|---|---|
| 02/22/2002 | Date of the ALFORD FAMILY TRUST U/A DTD |
| 06/04/2024 | Date of share transfer to family trust |
| 06/06/2024 | Date of signature on the Form 4 filing |
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