Form 4: U.S. Cellular Corp Director Josefowicz Acquires Shares Under Compensation Plan
SEC Form 4
Director Gregory P. Josefowicz acquired 2,836 common shares of United States Cellular Corp under a compensation plan on May 21, 2024.
Summary
- On May 21, 2024, Gregory P. Josefowicz, a director of United States Cellular Corp (USM), acquired 2,836 common shares.
- The shares were acquired at a price of $43.01 per share.
- The acquisition was made pursuant to a compensation plan for non-employee directors.
- Following the transaction, Josefowicz directly owns 27,480 common shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation, indicating alignment between the director and the company's interests, but not necessarily a major event.
Positives
- The acquisition of shares by a director demonstrates confidence in the company's future.
Industry Context
Director share acquisitions are common and can be seen as a positive signal, indicating management's belief in the company's prospects. This is a routine transaction related to director compensation.
Stakeholder Impact
- The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/21/2024 | Date of transaction: Gregory P. Josefowicz acquired 2,836 common shares. |
| 05/22/2024 | Date of signature on the Form 4 filing. |
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