Form 4: Old Market Capital Corp CEO Acquires Shares as Compensation
SEC Form 4
Jeffrey C. Royal, CEO of Old Market Capital Corp, acquired 11,841 shares of common stock as compensation for his services.
Summary
- On April 2, 2025, Jeffrey C. Royal, the CEO of Old Market Capital Corp, acquired 11,841 shares of common stock.
- The shares were issued as compensation for his services as chief executive officer, according to his employment agreement dated September 27, 2024.
- Following the transaction, Royal directly owns 154,100 shares of Old Market Capital Corp.
- The acquisition was reported on April 8, 2025.
Sentiment
Score: 7
Explanation: Neutral sentiment as it's a routine compensation disclosure. The CEO receiving shares is generally viewed positively as it aligns interests.
Positives
- The CEO's acquisition of shares as compensation aligns his interests with those of the shareholders.
Industry Context
This type of equity compensation is common for executives to align their interests with shareholders.
Comparison to Industry Standards
- Executive compensation packages often include stock options or restricted stock units to incentivize performance and align executive interests with shareholder value, similar to packages offered at comparable companies such as Berkshire Hathaway and Markel.
Stakeholder Impact
- Shareholders may view the CEO's increased stake in the company positively.
Key Dates
| Date | Description |
|---|---|
| 2024-09-27 | Date of Jeffrey C. Royal's employment agreement. |
| 2025-04-02 | Date of the transaction where shares were acquired. |
| 2025-04-08 | Date of the Form 4 filing. |
Keywords
CEO, compensation, shares, acquisition, OMCC, Old Market Capital Corp, Jeffrey C. Royal, Form 4
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