Form 4: SR Bancorp Director Lebovitz Acquires Shares and Disposes of Holdings
SEC Form 4 Filing
Director Marc Lebovitz of SR Bancorp, Inc. [SRBK] recently acquired 9,800 shares of common stock at $10.75 per share and disposed of 20,000 shares.
Summary
- On September 18, 2024, Marc Lebovitz, a director of SR Bancorp, Inc. [SRBK], engaged in transactions involving the company's common stock.
- Lebovitz acquired 9,800 shares at a price of $10.75 per share.
- Lebovitz also disposed of 20,000 shares.
- Following these transactions, Lebovitz directly owns 20,000 shares and indirectly owns 10,500 shares through a family trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports transactions. The acquisition could be seen as slightly positive, but the disposal offsets this.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may interpret the director's stock transactions as a signal, although the impact is likely to be minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 09/18/2024 | Date of stock acquisition and disposal transactions. |
| 09/19/2024 | Date of signature on the Form 4 filing. |
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