Form 4: Kathleen LaPorte Acquires 2,232 Shares of Precipio, Inc. as Director Compensation
SEC Form 4 Filing
Director Kathleen LaPorte received 2,232 shares of Precipio, Inc. common stock as compensation for Q1-25 board service.
Summary
- Kathleen LaPorte, a director of Precipio, Inc., acquired 2,232 shares of common stock on April 15, 2025.
- The shares were granted as compensation for her service as a member of the Board of Directors for Q1-25, in lieu of a cash payment.
- The price of the stock at the time of the transaction was $5.6 per share.
- Following the transaction, LaPorte directly owns 12,303 shares of Precipio, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, and the transaction itself is neither particularly positive nor negative. It reflects standard compensation practices.
Positives
- The acquisition of shares by a director demonstrates alignment with shareholder interests.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as it demonstrates a director's increased investment in the company.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of transaction: Kathleen LaPorte acquired 2,232 shares of Precipio, Inc. common stock. |
| 04/17/2025 | Date of signature on the Form 4 filing. |
Keywords
Precipio, Inc., Kathleen LaPorte, Director, Stock Acquisition, Form 4, Compensation, Beneficial Ownership
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