Form 4: ReposiTrak Director Robert Allen Acquires Shares in Lieu of Board Service Payment
SEC Form 4 Filing
Director Robert Allen acquired 847 shares of ReposiTrak common stock on January 20, 2025, as compensation for board service.
Summary
- Robert Allen, a director of ReposiTrak, Inc., acquired 847 shares of common stock on January 20, 2025.
- These shares were issued in lieu of cash payment for his service on the Issuer's Board of Directors for the quarter ended December 31, 2024.
- Following the transaction, Allen directly owns 196,003 shares of common stock and indirectly owns 587,476 shares via a trust and 2,775 shares via his spouse.
- He also directly owns 72,716 shares of Series B Preferred Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a routine disclosure of stock acquisition by a director as part of their compensation. It doesn't inherently indicate positive or negative news.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it slightly increases the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | End of quarter for which board service payment was made. |
| 01/20/2025 | Date of transaction: Robert Allen acquired shares. |
| 01/23/2025 | Date of signature on the Form 4 filing. |
Keywords
ReposiTrak, Robert Allen, Director, Stock Acquisition, Beneficial Ownership, Form 4, TRAK
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