Form 4: Urban One CFO Peter Thompson Sells 200,000 Shares of Class D Common Stock
SEC Form 4
Urban One's CFO, Peter Thompson, executed a sale of 200,000 shares of Class D Common Stock on September 23, 2024.
Summary
- On September 23, 2024, Peter Thompson, the CFO/EVP of Urban One, Inc., sold 200,000 shares of Class D Common Stock.
- The sale price was $1.23 per share.
- Following the transaction, Thompson directly owns 320,642 shares of Class D Common Stock, which includes 150,000 unvested shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. The sale could be for various personal financial reasons and doesn't necessarily reflect a negative outlook on the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, like the CFO, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 09/23/2024 | Date of transaction: Peter Thompson sold 200,000 shares of Class D Common Stock. |
| 09/24/2024 | 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.