Form 4: PennantPark Investment Corp CFO Richard T. Allorto Jr. Reports Transaction
SEC Form 4 Filing
Richard T. Allorto Jr., CFO and Treasurer of PennantPark Investment Corp, reports a transaction involving the company's common stock on March 12, 2024.
Summary
- On March 12, 2024, Richard T. Allorto Jr., CFO and Treasurer of PennantPark Investment Corp, engaged in a transaction involving the company's common stock.
- Allorto acquired 5,000 shares of common stock at a price of $6.7957 per share.
- Following the transaction, Allorto disposed of 15,000 shares of common stock.
- After the reported transaction, the amount of securities beneficially owned was not specified.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider trading activity, which is neutral in sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a key company executive.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of transaction involving PennantPark Investment Corp common stock. |
| 03/14/2024 | Date of signature on the Form 4 filing. |
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