Form 4: SilverSun Technologies CEO Mark Meller Sells 56,913 Shares
SEC Form 4 Filing
SilverSun Technologies CEO Mark Meller sold 56,913 shares of common stock on March 21, 2024, at an average price of $13.6939 per share.
Summary
- On March 21, 2024, Mark Meller, the CEO of SilverSun Technologies, Inc. (SSNT), sold 56,913 shares of the company's common stock.
- The shares were sold at an average price of $13.6939.
- The sales occurred in multiple transactions with prices ranging from $13.30 to $14.08 per share.
- Following the reported transaction, Meller directly owns 325,612 shares of SilverSun Technologies.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an insider stock sale. It's neutral in tone and doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Insider sales are common and can be for various reasons, including diversification or personal financial planning. However, significant insider selling can sometimes be perceived negatively by investors.
Stakeholder Impact
- The sale of shares by the CEO could potentially influence investor sentiment, although the impact is likely to be minimal unless part of a larger trend.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of transaction: Mark Meller sold 56,913 shares of SilverSun Technologies. |
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