Form 4: Xavier Williams Acquires Shares in United States Cellular Corp Through Compensation Plan
SEC Form 4 Filing
Director Xavier Williams acquired 2,836 common shares of United States Cellular Corp (USM) through a compensation plan on May 21, 2024, at a price of $43.01 per share.
Summary
- On May 21, 2024, Xavier Williams, a director of United States Cellular Corp (USM), acquired 2,836 common shares.
- The shares were acquired through a compensation plan for non-employee directors.
- The price per share was $43.01.
- Following the transaction, Williams beneficially owns 4,902 common shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director's acquisition of shares could be seen as a slightly positive signal.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when a company insider, such as a director, buys or sells shares in their own company. It provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/21/2024 | Date of transaction: Xavier Williams acquired shares of United States Cellular Corp. |
| 05/22/2024 | Date of signature: Julie D. Mathews signed the form on behalf of Xavier Williams. |
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