Form 4: United Security Bancshares Director Jagroop Gill Reports Stock Transactions
SEC Form 4 Filing
Director Jagroop Gill reports the acquisition and disposal of United Security Bancshares stock through trust and direct holdings.
Summary
- On March 8, 2024, Jagroop Gill acquired 264 shares of United Security Bancshares stock at a price of $7.4962 per share through a trust.
- Following this transaction, the trust held 1,047,362 shares.
- On March 11, 2024, the trust acquired an additional 2,860 shares at $7.50 per share, increasing its holdings to 1,050,222 shares.
- On the same day, Jagroop Gill disposed of 2,734 shares directly, with the price listed as $0.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the buying and selling activities of key individuals within the company.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by providing insight into the director's investment activity.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Acquisition of 264 shares of Common Stock at $7.4962 through a trust |
| 03/11/2024 | Acquisition of 2,860 shares of Common Stock at $7.50 through a trust and disposal of 2,734 shares directly |
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