Form 4: United Bancorp SVP CFO Randall Greenwood Reports Stock Disposal
SEC Form 4 Filing
Randall Greenwood, SVP CFO of United Bancorp, disposed of 3,085 shares of common stock on March 14, 2024, to cover tax obligations.
Summary
- Randall M Greenwood, SVP CFO of United Bancorp Inc /OH/ [UBCP], reported a transaction on March 14, 2024.
- Mr. Greenwood disposed of 3,085 shares of Common Stock at a price of $11.99.
- The disposal was to cover tax obligations.
- Following the transaction, Mr. Greenwood beneficially owns 85,851 shares of United Bancorp stock.
Sentiment
Score: 5
Explanation: This is a neutral report of an insider transaction. The disposal of shares to cover tax obligations is a common occurrence.
Industry Context
Form 4 filings are a routine part of the US financial market and are required by the SEC to ensure transparency of insider transactions. This filing indicates that an officer of the company has made a transaction in the company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Disposal of 3,085 shares of common stock. |
| 03/15/2024 | Date of signature on the report. |
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