SUNE.NASDAQSunation Energy, INC

Form 4: Pineapple Energy Director Randall Sampson Buys Shares After Reverse Stock Split

Sentiment:

SEC Form 4

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Director Randall Sampson purchased 6,700 shares of Pineapple Energy after the company's 1-for-15 reverse stock split.

Summary

  • Randall D. Sampson, a director of Pineapple Energy Inc., reported a transaction on June 13, 2024, where he acquired 6,700 shares of common stock at a price of $1.4486 per share.
  • Following this transaction, Sampson directly owns 11,572 shares of common stock.
  • He also indirectly owns 11,355 shares through the Sampson Family Real Estate Holdings, LLC.
  • The reported share amounts reflect adjustments for the company's 1-for-15 reverse stock split that took effect on June 12, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity. It provides transparency into the actions of company directors and their investment decisions.

Stakeholder Impact

  • The transaction provides information to shareholders regarding the actions of a company director.

Key Dates

DateDescription
July 16, 2020Death of Curtis A. Sampson, leading to Randall D. Sampson assuming fiduciary responsibilities.
June 12, 2024Effective date of the 1-for-15 reverse stock split.
June 13, 2024Date of Randall Sampson's purchase of 6,700 shares.
June 17, 2024Date of the Form 4 filing.

Keywords

Pineapple Energy, PEGY, Randall Sampson, Director, Share Purchase, Reverse Stock Split, Beneficial Ownership, Form 4

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