Form 4: TG Therapeutics Director Charney Receives Stock Grant
SEC Form 4 Filing
Laurence N. Charney, a director at TG Therapeutics, acquired 22,250 shares of common stock through a grant on June 19, 2024.
Summary
- On June 19, 2024, Laurence N. Charney, a director of TG Therapeutics, acquired 22,250 shares of common stock.
- The acquisition was a grant of restricted shares.
- These shares will vest on June 14, 2025.
- Following the transaction, Charney beneficially owns 237,479 shares of TG Therapeutics common stock, including restricted shares vesting over various time periods.
Sentiment
Score: 6
Explanation: The document reflects a standard transaction (stock grant) and doesn't contain overtly positive or negative information. It's a neutral event from an investment perspective.
Positives
- The grant of restricted shares to a director aligns their interests with the long-term performance of the company.
Industry Context
Stock grants to directors are a common practice in the pharmaceutical industry to incentivize and align their interests with the company's success.
Stakeholder Impact
- The stock grant could have a minor positive impact on shareholder sentiment by aligning director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 06/19/2024 | Date of transaction: Grant of restricted shares. |
| 06/14/2025 | Vesting date for the restricted shares. |
| 06/20/2024 | Date of Form 4 filing. |
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