Form 4: Premier Financial Corp Director Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Gary M. Small, a director and the President and CEO of Premier Financial Corp, disposed of 1,380 common shares on April 1, 2024, to cover tax obligations.
Summary
- On April 1, 2024, Gary M. Small, a director and the President and CEO of Premier Financial Corp, disposed of 1,380 common shares.
- The transaction was executed at a price of $20.12 per share.
- This disposal was likely to cover tax obligations related to vesting of stock or option exercise.
- Following the transaction, Small directly owns 81,411 common shares of Premier Financial Corp.
Sentiment
Score: 5
Explanation: The document is neutral as it reports a routine transaction. The sale of shares to cover tax obligations is a common practice and doesn't necessarily indicate a negative outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of the transaction where common shares were disposed of. |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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