Form 4: SB Financial Group Director Sells 1,500 Shares
SEC Form 4
Richard L. Hardgrove, a director of SB Financial Group, Inc., sold 1,500 shares of common stock at a price of $15.117 per share on August 20, 2024.
Summary
- On August 20, 2024, Richard L. Hardgrove, a director of SB Financial Group, Inc. (SBFG), sold 1,500 shares of the company's common stock.
- The sale price was $15.117 per share.
- Following the transaction, Hardgrove directly owns 16,688 shares of SB Financial Group, Inc.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides information about insider transactions.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 08/20/2024 | Date of transaction: Richard L. Hardgrove sold 1,500 shares of SBFG. |
| 08/21/2024 | Date of signature on the Form 4 filing. |
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