Form 4: United Security Bancshares Director Jagroop Gill Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Jagroop Gill reports acquiring and disposing of common stock in United Security Bancshares on September 24, 2024.
Summary
- On September 24, 2024, Jagroop Gill, a director of United Security Bancshares, engaged in transactions involving the company's common stock.
- Gill acquired 344 shares of common stock.
- Gill also disposed of 3,612 shares of common stock.
- Following these transactions, Gill beneficially owns 3,612 shares of United Security Bancshares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, reflecting neutral sentiment as it simply reports transactions.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the Securities and Exchange Act of 1934. It provides transparency into the trading activities of individuals with access to non-public information.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as insider trading activity is often monitored for signals about the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 09/24/2024 | Date of stock acquisition and disposal. |
| 09/25/2024 | Date of signature on the report. |
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