Form 4: Runway Growth Finance Corp. Officer Thomas B. Raterman Acquires 5,000 Shares
SEC Form 4 Filing
Thomas B. Raterman, CFO, COO, Treasurer, and Secretary of Runway Growth Finance Corp., purchased 5,000 shares of common stock at $10.08 per share on August 13, 2024.
Summary
- On August 13, 2024, Thomas B. Raterman, an officer of Runway Growth Finance Corp., acquired 5,000 shares of common stock at a price of $10.08 per share.
- Following this transaction, Mr. Raterman directly owns 27,441 shares, which includes shares acquired through the company's dividend reinvestment plan.
- He also has indirect beneficial ownership of 179,964.92 shares through Runway Growth Holdings LLC.
- Mr. Raterman disclaims beneficial ownership of the shares held by Runway Growth Holdings LLC.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating an officer's stock purchase, which can be seen as a slightly positive sign of confidence, but it's not a major event.
Positives
- An officer's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Management Comments
- Mr. Raterman disclaims any beneficial ownership of the securities held by Runway Growth Holdings LLC.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Date of transaction: Thomas B. Raterman purchased 5,000 shares of common stock. |
| 08/14/2024 | Date of signature on the Form 4 filing. |
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