Form 4: Director Heather Hammack Acquires and Disposes of Shares in United Security Bancshares
SEC Form 4
Heather Hammack, a director of United Security Bancshares, reports acquiring and disposing of common stock on June 25, 2024.
Summary
- On June 25, 2024, Heather Hammack, a director of United Security Bancshares, engaged in transactions involving the company's common stock.
- Hammack acquired 640 shares of common stock.
- Simultaneously, Hammack disposed of 8,520 shares of common stock.
- Following these transactions, Hammack beneficially owns 8,520 shares of United Security Bancshares.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company directors and officers.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company directors as it can provide insights into their perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 06/25/2024 | Date of the stock acquisition and disposition. |
| 06/26/2024 | Date of signature for the Form 4 filing. |
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