Form 4: Director Ned Skinner Reports Changes in Beneficial Ownership of South Dakota Soybean Processors LLC
SEC Form 4 Filing
Ned Skinner, a director of South Dakota Soybean Processors LLC, reported the disposition of Class A Capital Units on April 1, 2024.
Summary
- Ned Skinner, a director of South Dakota Soybean Processors LLC, filed a Form 4 detailing changes in his beneficial ownership.
- On April 1, 2024, Skinner disposed of 10,000 Class A Capital Units at $9.18 each, 2,000 units at $9.20 each, and 2,500 units at $9.25 each.
- Additionally, 5,500 Class A Capital Units were disposed of at $9.16 each.
- Following these transactions, Skinner indirectly owns 138,750 Class A Capital Units through Skinner Agri-Products, Inc. and 88,000 units through Ned Skinner IRA.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transactions involving Class A Capital Units |
| 04/03/2024 | Date of signature on the Form 4 filing |
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