Form 4: United Security Bancshares Director Acquires Shares as Compensation
SEC Form 4 Filing
Director Susan Quigley acquired 488 shares of United Security Bancshares common stock as compensation for director fees on September 24, 2024.
Summary
- On September 24, 2024, Susan Quigley, a director of United Security Bancshares, acquired 488 shares of common stock.
- The acquisition was compensation for director fees.
- Following the transaction, Quigley directly owns 11,963 shares of United Security Bancshares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Positives
- The director's acquisition of shares as compensation aligns her interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 09/24/2024 | Date of transaction: Susan Quigley acquired 488 shares of United Security Bancshares common stock. |
| 09/25/2024 | Date of signature on the Form 4 filing. |
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