Form 4: SilverSun Technologies CEO Mark Meller Sells 14,584 Shares
SEC Form 4 Filing
Mark Meller, CEO of SilverSun Technologies, Inc., disposed of 14,584 shares of common stock on March 25, 2024, at an average price of $13.0761 per share.
Summary
- On March 25, 2024, Mark Meller, the CEO of SilverSun Technologies, Inc. (SSNT), sold 14,584 shares of the company's common stock.
- The shares were sold at an average price of $13.0761 per share.
- The sales occurred in multiple transactions with prices ranging from $13.00 to $13.22 per share.
- Following the transaction, Meller directly owns 295,152 shares of SilverSun Technologies.
- This transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. Insider selling can sometimes be viewed negatively, but without further context, it's difficult to assess the impact.
Industry Context
Insider selling can be interpreted in various ways by the market. It could be due to personal financial planning, diversification, or a change in sentiment regarding the company's future prospects. Without additional context, it's difficult to determine the specific reason for the sale.
Stakeholder Impact
- Shareholders may react to the news of the CEO selling shares, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 03/25/2024 | Date of the stock sale transaction. |
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