Form 4: Pacific Health Care Organization CEO Acquires Additional Shares
SEC Form 4 Filing
Tom Kubota, CEO and President of Pacific Health Care Organization, recently acquired 100 shares of common stock at $0.71 per share.
Summary
- On May 16, 2024, Tom Kubota, the CEO and President of Pacific Health Care Organization, acquired 100 shares of common stock at a price of $0.71 per share.
- Following this transaction, Kubota directly owns 8,351,747 shares through the Tom Kubota Revocable Trust of 2013.
- Kubota also holds Series A Preferred Stock which converts into Common Stock on a 1:1 basis, representing 16,000 shares.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine disclosure of stock acquisition. The CEO's purchase could be interpreted positively, but without further context, it's difficult to gauge the overall impact.
Positives
- The CEO's purchase of additional shares may signal confidence in the company's future prospects.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CEO, trade their company's stock. It provides transparency to the market about the trading activities of those with privileged information.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often seen as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Tom Kubota acquired 100 shares of common stock. |
| 05/20/2024 | Date of signature on the Form 4 filing. |
Keywords
Pacific Health Care Organization, PFHO, Tom Kubota, Insider Trading, Beneficial Ownership, Form 4, SEC Filing, Stock Acquisition, Series A Preferred Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.