Form 4: United Security Bancshares Director Jagroop Gill Reports Stock Transactions
SEC Form 4 Filing
Director Jagroop Gill of United Security Bancshares reports acquiring and disposing of common stock on June 25, 2024.
Summary
- On June 25, 2024, Jagroop Gill, a director of United Security Bancshares, engaged in transactions involving the company's common stock.
- Gill acquired 534 shares of common stock at a price of $7.2 per share.
- Gill disposed of 3,268 shares of common stock.
- Following these transactions, the total number of shares beneficially owned by Gill is not explicitly stated in this document.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.
Industry Context
This 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, which can provide insights into their perspectives on the company's prospects.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 06/25/2024 | Date of stock acquisition and disposal by Jagroop Gill |
| 06/26/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.