Form 4: Qurate Retail Inc. Director Gregory B. Maffei Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Gregory B. Maffei, Chairman of the Board at Qurate Retail, Inc., reports a transaction involving Series B Common Stock on March 11, 2024.
Summary
- Gregory B. Maffei, Chairman of the Board at Qurate Retail, Inc., filed a Form 4 with the SEC.
- The report details a transaction on March 11, 2024, involving Series B Common Stock.
- Maffei disposed of 125,104 shares to cover tax obligations at a price of $4.85.
- Following the transaction, Maffei beneficially owns 7,938,906 shares of Series B Common Stock directly.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a transaction related to tax obligations, which is a routine event.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track potential shifts in ownership and sentiment.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes by a company director.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction involving Series B Common Stock. |
| 03/13/2024 | Date of signature on the Form 4 filing. |
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