Form 4: Table Trac Director Andrew Berger Acquires 27,000 Shares in Private Sale
SEC Form 4
Director Andrew Berger of Table Trac Inc. (TBTC) purchased 27,000 shares of common stock in a private sale at $3.95 per share on January 10, 2025.
Summary
- On January 10, 2025, Andrew Berger, a director of Table Trac Inc. (TBTC), acquired 27,000 shares of common stock.
- The shares were purchased at a price of $3.95 per share.
- The transaction was a private sale made pursuant to a Stock Sale and Purchase Agreement.
- Following the transaction, Mr. Berger directly owns 27,000 shares of Table Trac Inc.
Sentiment
Score: 6
Explanation: A director purchasing shares is generally a positive sign, suggesting confidence in the company. However, the impact is moderate as it's a relatively small transaction.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, and 10% owners) of a publicly traded company buy or sell the company's securities. These filings provide transparency into insider transactions and can be used by investors to gauge management's sentiment about the company's prospects.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/10/2025 | Date of the stock purchase transaction. |
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