Form 4: Pinstripes Holdings CFO Acquires 100,000 Shares of Class A Common Stock

Anthony Querciagrossa, CFO of Pinstripes Holdings, Inc., purchased 100,000 shares of Class A Common Stock at a weighted average price of $3.43 on February 26, 2024.

Summary

• On February 26, 2024, Anthony Querciagrossa, the Chief Financial Officer of Pinstripes Holdings, Inc. (PNST), acquired 100,000 shares of Class A Common Stock.
• The purchase was made at a weighted average price of $3.43 per share.
• The shares were bought in multiple transactions with prices ranging from $3.09 to $3.48, inclusive.
• Following the transaction, Mr. Querciagrossa directly owns 100,000 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CFO's purchase could signal confidence, but it's a single transaction and doesn't provide definitive insight into the company's overall health.

Positives

• The CFO's purchase of a significant number of shares could be interpreted as a sign of 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 track management's sentiment and alignment with shareholder interests.

Stakeholder Impact

• Shareholders may view the CFO's purchase as a positive signal, potentially increasing investor confidence.

Key Dates