Form 4: Penumbra Inc. Director Arani Bose Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Arani Bose reports a gift of common stock and adjustments in holdings related to a GRAT.
Summary
- Arani Bose, a director of Penumbra Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 6, 2024, Bose gifted 69,932 shares of common stock.
- The filing also reflects adjustments in holdings related to the Arani Bose 2022 GRAT.
- Bose directly owns 338,075 shares of Penumbra Inc., a portion of which is subject to vesting.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing changes in stock ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence for publicly traded companies.
Stakeholder Impact
- The change in ownership may be of interest to shareholders, but the impact is likely minimal as it involves a single director's holdings.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Date of gift transaction and changes in beneficial ownership. |
| 05/08/2024 | Date of signature on the Form 4 filing. |
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