Form 4: Sound Financial Bancorp Director Haddad Jr. Reports Stock Sale and Option Holdings
SEC Form 4
Director David S. Haddad Jr. of Sound Financial Bancorp, Inc. reports a sale of common stock and details holdings of common stock and stock options.
Summary
- On May 9, 2024, David S. Haddad Jr., a director of Sound Financial Bancorp, Inc. (SFBC), reported a transaction involving the company's common stock.
- Haddad sold 236 shares of common stock at a price of $39.695 per share.
- Following the transaction, Haddad directly owns 4,492 shares of common stock and indirectly owns 13,548 shares through an IRA.
- Haddad also holds various stock options to purchase common stock at exercise prices ranging from $18.36 to $42.85, with expiration dates from January 2025 to January 2034.
- These options vest over several years.
Sentiment
Score: 5
Explanation: This is a routine filing related to insider trading activity. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into the transactions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 01/28/2022 | Options with an exercise price of $42.85 vest in four equal annual installments beginning on this date. |
| 01/27/2023 | Options with an exercise price of $40.13 vest in four equal annual installments beginning on this date. |
| 01/28/2025 | Stock Options (Right to Buy) expire. |
| 01/26/2025 | Options with an exercise price of $39.89 vest in three equal annual installments beginning on this date. |
| 01/25/2029 | Stock Options (Right to Buy) expire. |
| 01/31/2030 | Stock Options (Right to Buy) expire. |
| 01/27/2031 | Stock Options (Right to Buy) expire. |
| 01/28/2032 | Stock Options (Right to Buy) expire. |
| 01/27/2033 | Stock Options (Right to Buy) expire. |
| 01/26/2034 | Stock Options (Right to Buy) expire. |
| 05/09/2024 | Director Haddad sold 236 shares of SFBC common stock. |
| 05/13/2024 | Date of the report filing. |
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