Form 4: Peoples Financial Corp CEO Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Chevis Swetman, CEO of Peoples Financial Corp, reports acquiring and disposing of shares due to 401(k) plan allocation.
Summary
- On December 31, 2024, Chevis Swetman, CEO/President of Peoples Financial Corp/MS/, acquired 3,508 shares of the company's stock at $0 per share.
- On the same day, Swetman disposed of 420,063 shares.
- These transactions were related to the allocation of shares within the 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and benefit plans. It is common for executives to receive stock options or grants as part of their compensation packages, and the exercise or vesting of these options triggers a Form 4 filing.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is related to internal compensation and benefit plans.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of transaction: acquisition of 3,508 shares and disposal of 420,063 shares. |
| 02/11/2025 | Date of signature on the Form 4. |
Keywords
Form 4, Beneficial Ownership, Securities Exchange Act, Peoples Financial Corp, PFBX, Chevis Swetman, CEO, 401k, Shares, Acquisition, Disposal
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