Form 4: SR Bancorp Director Pribula Increases Stake with Recent Stock Purchase
SEC Form 4 Filing
Christopher J. Pribula, President and COO of SR Bancorp, recently acquired 1,000 shares of common stock at a price of $9.2963 per share.
Summary
- On June 18, 2024, Christopher J. Pribula, President and COO of SR Bancorp, purchased 1,000 shares of the company's common stock at $9.2963 per share.
- Following this transaction, Pribula directly owns 7,000 shares of SR Bancorp.
- Pribula also has indirect ownership through a 401(k) (20,247 shares), spouse (1,000 shares), son (250 shares), daughter (250 shares), and ESOP (1,419 shares).
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The purchase of shares by a director is generally viewed as a positive sign, but the transaction is relatively small and routine.
Positives
- A company director purchasing shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This purchase aligns with standard practices for executives demonstrating confidence in their company.
Stakeholder Impact
- The stock purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of stock purchase transaction |
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