4/A: Premier Financial Corp Officer Amended Filing Reveals Share Withholding for Tax Liability
SEC Filing (Form 4/A)
Jason Gendics, an officer at Premier Financial Corp, amended a previous Form 4 filing to include the withholding of 865 common shares by the issuer to cover his tax obligations.
Summary
- This is an amendment to a Form 4 filing by Jason Gendics, an officer at Premier Financial Corp.
- The amendment clarifies that on February 15, 2025, Premier Financial Corp withheld 865 common shares at a price of $29.16 per share to satisfy Mr. Gendics' tax liability obligation.
- The original Form 4, filed on February 19, 2025, omitted this withholding.
- Following the reported transaction, Mr. Gendics beneficially owns 6,833 common shares directly.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a previous omission. It doesn't indicate any significant positive or negative developments for the company, but transparency is generally viewed favorably.
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 accurate and transparent reporting of insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of the transaction where 865 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 filing (Form 4/A). |
Keywords
Form 4, Amendment, Beneficial Ownership, Tax Liability, Share Withholding, Premier Financial Corp, PFC, Jason Gendics
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