4/A: Premier Financial Corp Director's Amended Filing Reveals Tax Liability Share Withholding
SEC Form 4/A Filing
Gary M. Small, a director and the President and CEO of Premier Financial Corp, amended a previous Form 4 filing to include the withholding of common shares by the issuer to cover his tax liability.
Summary
- Gary M. Small, a director and the President and CEO of Premier Financial Corp, filed an amendment to a previous Form 4 filing.
- The amendment clarifies that on February 15, 2025, Premier Financial Corp withheld 2,294 common shares at $29.16 per share from Small's holdings to satisfy his tax liability obligation.
- Following this transaction, Small directly owns 89,380 common shares.
- The original Form 4, filed on February 19, 2025, omitted this withholding information.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The amendment suggests a commitment to accuracy and transparency, which is viewed neutrally to positively.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.
Stakeholder Impact
- Shareholders benefit from transparent reporting of insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of the transaction where common shares were withheld to cover tax liability. |
| 02/19/2025 | Date of the original Form 4 filing that omitted the share withholding. |
| 02/21/2025 | Date of the amended Form 4/A filing. |
Keywords
Form 4, Amendment, Beneficial Ownership, Tax Liability, Share Withholding, Premier Financial Corp, Gary M. Small, PFC
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