Form 4: SmartFinancial Inc. Director David Austin Ogle Reports Share Acquisition
SEC Form 4 Filing
Director David Austin Ogle of SmartFinancial Inc. reported acquiring 1,026 shares of common stock through a dividend reinvestment plan and indirectly owns 40,566 shares through a partnership.
Summary
- David Austin Ogle, a director at SmartFinancial Inc., has reported a change in his beneficial ownership of the company's stock.
- On January 16, 2025, Mr. Ogle acquired 1,026 shares of common stock through the company's Dividend Reinvestment Plan.
- These shares were acquired at a price of $0, indicating they were likely received as part of the dividend reinvestment.
- Mr. Ogle also indirectly owns 40,566 shares through the Ogle Land General Partnership.
- Following these transactions, Mr. Ogle directly owns 195,123 shares and indirectly owns 40,566 shares.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction, indicating a positive but not overly significant sentiment. The director's participation in the dividend reinvestment plan is a positive sign of confidence.
Positives
- The acquisition of shares through the Dividend Reinvestment Plan indicates a continued investment and confidence in the company by a director.
Industry Context
This filing is a routine disclosure of a director's share transactions, which is common in the financial industry. It reflects the director's participation in the company's dividend reinvestment plan.
Comparison to Industry Standards
- Director share transactions are a common occurrence in publicly traded companies, and this filing is consistent with standard reporting practices.
- Dividend reinvestment plans are a typical method for shareholders to increase their stake in a company, and this transaction is in line with industry norms.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it shows a director's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 01/16/2025 | Date of the share acquisition by David Austin Ogle. |
| 01/21/2025 | Date the form was signed by Glen E. Allen, Jr., Attorney-in-Fact. |
Keywords
SmartFinancial Inc., SMBK, David Austin Ogle, Director, Beneficial Ownership, Dividend Reinvestment Plan, Share Acquisition, Ogle Land General Partnership
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.