4/A: Premier Financial Corp Executive Varun Chandhok Amends Form 4 Filing to Reflect Tax Withholding

Sentiment:

SEC Filing


Varun Chandhok, EVP and Chief Information Officer of Premier Financial Corp, amends a previous Form 4 filing to accurately reflect the withholding of common shares by the issuer to cover tax liabilities.

Summary

  • Varun Chandhok, an executive at Premier Financial Corp, filed an amendment to a previous Form 4 filing.
  • The amendment clarifies the number of common shares withheld by the issuer to satisfy the reporting person's tax liability obligation.
  • The issuer withheld 1,302 common shares at a price of $29.16 on February 15, 2025.
  • Following the reported transaction, Chandhok beneficially owns 16,648.0634 common shares.
  • The original Form 4 was filed on February 19, 2025, and the amendment was filed on February 21, 2025.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The amendment suggests attention to detail and compliance, which is viewed neutrally to positively.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.

Stakeholder Impact

  • The amendment ensures accurate reporting of insider transactions, which promotes transparency for shareholders.

Key Dates

DateDescription
02/15/2025Date of transaction where 1,302 common shares were withheld to cover tax liabilities.
02/19/2025Date of original Form 4 filing.
02/21/2025Date of amended Form 4/A filing.

Keywords

Form 4, Amendment, Beneficial Ownership, Premier Financial Corp, Varun Chandhok, Tax Withholding, Common Shares, PFC, SEC

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