Form 4: Plymouth Industrial REIT Director Acquires Shares
SEC Form 4 Filing
Director Pendleton P. White acquires 4,000 shares of Plymouth Industrial REIT, Inc. at $21.58 per share.
Summary
- On March 14, 2024, Pendleton P. White, a director of Plymouth Industrial REIT, Inc. (PLYM), acquired 4,000 shares of common stock.
- The shares were purchased at a price of $21.58 per share.
- Following the transaction, Mr. White directly owns 117,735 shares of common stock and indirectly owns 4,000 shares through his father's estate.
Sentiment
Score: 6
Explanation: The sentiment is neutral. A director purchasing shares is generally a positive sign, but without more context, it's difficult to assess the overall impact.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) buy or sell the company's securities. These filings provide transparency into insider transactions and can be used by investors to gauge management's sentiment about the company's prospects.
Stakeholder Impact
- Shareholders may view the director's purchase as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Pendleton P. White acquired 4,000 shares of common stock. |
| 03/18/2024 | Date of signature on the Form 4 filing. |
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