Form 4: United Security Bancshares Director Susan Quigley Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Susan Quigley reports acquiring shares of United Security Bancshares common stock as compensation for director fees.
Summary
- On January 28, 2025, Susan Quigley, a director of United Security Bancshares, acquired 684 shares of common stock as compensation for director fees.
- Additionally, Ms. Quigley acquired 10,000 shares of common stock.
- Following these transactions, Ms. Quigley directly owns 23,047 shares of United Security Bancshares common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a standard transaction of a director receiving stock as part of their compensation. It's neither overwhelmingly positive nor negative.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Industry Context
Directors acquiring company stock is a common practice in the financial industry, often used as a form of compensation and to align the interests of directors with those of shareholders.
Stakeholder Impact
- The acquisition of shares by a director can positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of stock acquisitions |
| 01/30/2025 | 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.