4/A: Premier Financial Corp Officer Amended Filing Reveals Share Withholding for Tax Liability

Sentiment:

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

DateDescription
02/15/2025Date of the transaction where 865 common shares were withheld to cover tax liability.
02/19/2025Date of the original Form 4 filing that omitted the share withholding.
02/21/2025Date 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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