Form 4: Uwharrie Capital Corp Chief People Officer Reports Share Transfers

Sentiment:

SEC Form 4 Filing


Brooke L. Senter, Chief People Officer of Uwharrie Capital Corp, reported the transfer of 42,748 common stock shares between accounts on December 12, 2024.

Summary

  • Brooke L. Senter, Chief People Officer at Uwharrie Capital Corp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
  • The filing indicates a transfer of 42,748 common stock shares from a sole-name TOD spouse registered holder account to a sole-name TOD spouse brokerage safekeeper account on December 12, 2024.
  • The transfer did not involve any monetary transaction, as no money was paid for the acquired or disposed shares.
  • The filing also lists various holdings of common stock by Ms. Senter, including those held directly, indirectly through her mother-in-law as custodian for her daughter, and through her spouse's Roth IRA.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not contain any information that would indicate positive or negative sentiment.

Industry Context

This is a routine filing related to changes in beneficial ownership by a company officer, which is a common occurrence in publicly traded companies.

Comparison to Industry Standards

  • Form 4 filings are standard practice for corporate insiders in publicly traded companies like Uwharrie Capital Corp.
  • The reported transactions are typical for executives managing their personal investment portfolios.
  • Similar filings are regularly made by officers and directors of comparable financial institutions.

Stakeholder Impact

  • The share transfer has no direct impact on stakeholders as it is an internal movement of shares.

Key Dates

DateDescription
12/12/2024Date of the share transfer transaction.
12/17/2024Date the Form 4 was signed.

Keywords

Form 4, Beneficial Ownership, Share Transfer, Uwharrie Capital Corp, UWHR, Brooke L. Senter, Chief People Officer, Common Stock, TOD Account

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