Form 4: William Penn Bancorporation Director Reports Changes in Beneficial Ownership
Sentiment:
SEC Form 4
Director William B.K. Parry Jr. reports stock vesting and option exercises in William Penn Bancorporation.
Summary
- On May 11, 2024, William B.K. Parry Jr., a director of William Penn Bancorporation, reported changes in his beneficial ownership of the company's stock.
- 2,781 shares of restricted stock vested and are now held directly.
- The director also holds stock awards and options that vest over time.
- The director directly owns 40,531 shares and indirectly owns 8,343 shares by stock award, 3,792 shares by stock award II, 2,037 shares by profit sharing plan, and 10,161 shares by spouse.
- He also holds options to buy 9,480 shares at $12.44, exercisable from January 23, 2025, and options to buy 34,760 shares at $11.82, exercisable from May 11, 2023.
Sentiment
Score: 5
Explanation: This is a routine filing of a director's stock transactions, indicating standard compensation and ownership adjustments. It doesn't inherently suggest positive or negative sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/11/2023 | Commencement date for vesting of stock options to buy 34,760 shares at $11.82. |
| 01/23/2025 | Commencement date for vesting of stock options to buy 9,480 shares at $12.44. |
| 01/23/2025 | Commencement date for vesting of stock awards granted pursuant to the William Penn Bancorporation 2022 Equity Incentive Plan. |
| 01/23/2034 | Expiration date for stock options to buy 9,480 shares at $12.44. |
| 05/11/2024 | Date of transaction: 2,781 shares of restricted stock vested and are now held directly. |
| 05/14/2024 | Date of signature for the report. |
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.