Form 4: PhenixFIN Corp CFO McMillan Acquires 1,000 Shares of Common Stock
SEC Form 4 Filing
Ellida McMillan, CFO of PhenixFIN Corp, purchased 1,000 shares of common stock at a price of $45.1195 per share on June 14, 2024.
Summary
- On June 14, 2024, Ellida McMillan, the Chief Financial Officer of PhenixFIN Corp, acquired 1,000 shares of the company's common stock.
- The purchase price was $45.1195 per share.
- Following the transaction, McMillan directly owns 2,336 shares of PhenixFIN Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. Insider buying can be a positive signal, but the purchase is relatively small and may not be highly significant.
Positives
- The CFO's purchase of company stock could be interpreted as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's alignment with shareholder interests.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/14/2024 | Date of transaction: Ellida McMillan purchased 1,000 shares of PhenixFIN Corp common stock. |
| 06/18/2024 | Date of signature on the Form 4 filing. |
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