Form 4: Uwharrie Capital Corp Officer Reports Share Transfers to Brokerage Account
SEC Form 4 Filing
Jason R. Andrew, Chief Operations Officer of Uwharrie Capital Corp, reports the transfer of common stock shares to a brokerage safekeeper account on March 26, 2025.
Summary
- Jason R. Andrew, the Chief Operations Officer of Uwharrie Capital Corp, filed a Form 4 on March 27, 2025.
- The form details changes in beneficial ownership of Uwharrie Capital Corp [UWHR] common stock.
- On March 26, 2025, Mr. Andrew transferred 1,700 shares of common stock from a registered holder's account to a brokerage safekeeper account.
- He also reports that 72 shares of common stock are held indirectly by his Great Grandmother-in-Law as custodian.
- Following the reported transactions, Mr. Andrew directly owns 16,048 shares of Uwharrie Capital Corp common stock.
- The transfer of shares did not involve any monetary exchange.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transfer. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their transactions in company stock.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a transfer of shares to a brokerage account and does not represent a sale or purchase of shares on the open market.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of the stock transfer transaction. |
| 03/27/2025 | Date the Form 4 was signed. |
Keywords
Form 4, Uwharrie Capital Corp, UWHR, Jason R. Andrew, Chief Operations Officer, Beneficial Ownership, Share Transfer, Brokerage Account
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