Form 4: Utah Medical Products Director Disposes of Shares

Paul O. Richins, a director at Utah Medical Products Inc., reported the disposal of 225 shares of common stock at a price of $69.72 on May 17, 2024.

Summary

• On May 17, 2024, Paul O. Richins, a director of Utah Medical Products Inc. (UTMD), reported a transaction involving the company's common stock.
• Richins disposed of 225 shares at a price of $69.72 per share.
• Following the transaction, Richins directly owns no shares, but indirectly owns 21,236 shares.
• These indirectly held shares include 1,245 shares in his spouse's IRA, 443 shares held by his sons, 500 shares in his own IRA, and 19,048 shares held by the Richins Family Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This transaction is a routine disclosure of insider trading activity. It provides transparency into the actions of company directors but doesn't necessarily indicate a broader trend within the medical products industry.

Stakeholder Impact

• The disposal of shares by a director could have a minor impact on shareholder confidence, but the amount is relatively small.

Key Dates