Form 4: Uwharrie Capital Corp Officer Reports Share Transfers to Brokerage Account

Sentiment:

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

DateDescription
03/26/2025Date of the stock transfer transaction.
03/27/2025Date the Form 4 was signed.

Keywords

Form 4, Uwharrie Capital Corp, UWHR, Jason R. Andrew, Chief Operations Officer, Beneficial Ownership, Share Transfer, Brokerage Account

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.