Form 4: ODP Corp Director Wendy Lee Schoppert Acquires 3,875 Shares of Common Stock
SEC Form 4
Director Wendy Lee Schoppert purchased 3,875 shares of ODP Corp common stock at a price of $25.77 per share on August 9, 2024.
Summary
- On August 9, 2024, Wendy Lee Schoppert, a director of ODP Corp, acquired 3,875 shares of common stock.
- The purchase price was $25.77 per share.
- Following the transaction, Ms. Schoppert directly owns 3,875 shares of ODP Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the transaction is relatively small and doesn't provide a strong signal.
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
Insider transactions are closely monitored by investors as they can provide insights into a company's performance and future prospects. A director's purchase is generally viewed more positively than a sale.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction: Wendy Lee Schoppert purchased 3,875 shares of ODP Corp common stock. |
| 08/12/2024 | Date of signature on the Form 4 filing. |
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