Form 4: Shyft Group CFO Jonathan Douyard Reports Stock Transactions
SEC Form 4 Filing
Jonathan Douyard, CFO of Shyft Group, reports the acquisition and disposal of company stock on March 5, 2024.
Summary
- On March 5, 2024, Jonathan Douyard, the Chief Financial Officer of Shyft Group, acquired 3,736 shares of common stock at a price of $10.3 per share.
- The acquisition was related to the settlement of performance stock units granted on March 31, 2021, under the company's 2016 Stock Incentive Plan.
- On the same day, Douyard disposed of 1,827 shares of common stock at a price of $10.3 per share.
- Following these transactions, Douyard directly owns 110,216 shares of Shyft Group common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting stock transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It can influence investor perception of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/31/2021 | Date of original grant of performance stock units under the 2016 Stock Incentive Plan. |
| 03/05/2024 | Date of stock acquisition and disposal by Jonathan Douyard. |
| 03/07/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.