Form 4: Patterson Companies Director John D. Buck Acquires Shares in Annual Grant
SEC Form 4 Filing
Director John D. Buck acquired 7,820 shares of Patterson Companies common stock at $21.74 per share as part of an annual grant.
Summary
- On September 16, 2024, John D. Buck, a director of Patterson Companies, Inc., acquired 7,820 shares of common stock.
- The shares were acquired at a price of $21.74 per share.
- This acquisition was part of an annual grant of restricted stock awarded to non-employee directors under the company's Amended and Restated 2015 Omnibus Incentive Plan.
- Following the transaction, Buck directly owns 92,869 shares of Patterson Companies common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction related to director compensation. It doesn't inherently indicate positive or negative prospects for the company.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 09/16/2024 | Date of transaction: John D. Buck acquired shares of Patterson Companies common stock. |
| 09/18/2024 | Date of signature on the Form 4 filing. |
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