Form 4: SITE Centers Corp. Director MacFarlane Acquires and Disposes of Shares
SEC Form 4 Filing
Director Victor B MacFarlane reports changes in beneficial ownership of SITE Centers Corp. shares, including acquisition and disposal transactions on May 15, 2024.
Summary
- On May 15, 2024, Victor B MacFarlane, a director of SITE Centers Corp., engaged in transactions involving the company's common shares.
- MacFarlane acquired 2,007 common shares.
- MacFarlane disposed of 7,114.939 common shares.
- Following these transactions, MacFarlane directly owns 7,114.939 common shares of SITE Centers Corp.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like directors, who trade in their company's stock. It provides transparency to the market regarding the transactions of those with privileged information.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a company director.
- This information can influence investor sentiment and potentially impact the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of the transaction involving the acquisition and disposal of common shares. |
| 05/17/2024 | Date of signature by Attorney-In-Fact. |
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