Form 4: Plymouth Industrial REIT CEO Acquires 2,000 Shares

Sentiment:

SEC Form 4 Filing


Plymouth Industrial REIT's CEO, Jeffrey E. Witherell, purchased 2,000 shares of common stock at $18.49 per share on November 15, 2024.

Summary

  • Jeffrey E. Witherell, CEO of Plymouth Industrial REIT, acquired 2,000 shares of the company's common stock on November 15, 2024.
  • The purchase price was $18.49 per share.
  • Following this transaction, Mr. Witherell directly owns 252,248 shares of Plymouth Industrial REIT.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive as insider buying can be seen as a positive signal, but it's a small transaction.

Positives

  • The CEO's purchase of shares may indicate confidence in the company's future performance.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

  • Form 4 filings are a standard practice for publicly traded companies in the United States.
  • The transaction is typical for executives who may buy or sell shares of their company's stock.

Stakeholder Impact

  • The purchase may have a slightly positive impact on shareholder sentiment.

Key Dates

DateDescription
11/15/2024Date of the stock purchase transaction.
11/18/2024Date the Form 4 was signed.

Keywords

Plymouth Industrial REIT, PLYM, insider trading, stock purchase, CEO, Jeffrey E. Witherell, Form 4

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