Investar Holding SEC Filings

Bay Pond Partners, L.P. has filed a Schedule 13G indicating it now beneficially owns 571,678 shares of Investar Holding Corporation (ISTR), representing 5.58 % of the outstanding common stock as of 1 July 2025. The partnership reports shared voting and dispositive power over the entire position and no sole authority, classifying the stake as passive under Rule 13d-1.

The filing states that Bay Pond Partners is a Delaware limited partnership whose business address is c/o Wellington Management Company LLP, Boston, MA. Ihsan Speede signed the certification on 9 July 2025 on behalf of Wellington Alternative Investments LLC, the general partner. The certification expressly notes the investment is not intended to influence or control the issuer.

• Shares owned: 571,678
• Ownership percentage: 5.58 %
• Voting/dispositive power: Shared only

Crossing the 5 % threshold required this disclosure and introduces a new significant institutional holder to ISTR’s register. While the filing does not provide purchase price, cost basis, or strategic commentary, the presence of a sizable passive investor can broaden the shareholder base and potentially improve stock liquidity. However, it does not, by itself, change Investar’s operational or financial outlook.

Form 4 filing for Intuit Inc. (INTU) – filed 07/03/2025 details equity transactions by Mark P. Notarainni, EVP of the Consumer Group.

• RSU vesting (Transaction Code “M”): On 07/01/2025 four tranches of restricted stock units converted 1-for-1 into 2,068 common shares (179 + 227 + 314 + 1,348) at a stated price of $0.
• Tax withholding (Code “F”): 921.103 shares were automatically sold back to the company at $787.63 to cover statutory taxes, leaving 1,166.114 shares outstanding.
• Open-market sale (Code “S”): On 07/02/2025, the executive sold 1,146.897 shares under a previously adopted Rule 10b5-1 trading plan at a weighted-average price of $773.8992 (individual trades ranged $773.00–$773.90).
• Post-transaction ownership: Holdings fell to 19.217 directly owned shares, indicating a net disposition of virtually the entire position acquired from the RSU vesting.
• The filing cites the fair-market value reference for the tax sale and confirms that RSUs have no expiration; they vest or are forfeited.

No other derivative instruments remain; the reporting person’s remaining RSU balance decreased from 7,465 to 4,041 units.

Because the majority of recently vested shares were sold, investors may view the activity as insider profit-taking, although the sale was pre-scheduled under a 10b5-1 plan.

Investar Holding Corp. (ISTR) – Insider Form 4 filing

Director Julio A. Melara reported an insider purchase on 07/01/2025. He acquired 25 shares of the company’s Series A Non-cumulative Perpetual Convertible Preferred Stock at $1,000 per share, representing an aggregate investment of $25,000. Each preferred share is immediately convertible into roughly 47.62 common shares (total ≈ 1,190.48 shares). The preferred stock has no expiration date, and the transaction was coded “A” (acquisition) and recorded as direct ownership. No sales or non-derivative equity transactions were disclosed. While the dollar amount is small relative to Investar’s market value, the purchase adds a modestly positive insider-confidence signal for shareholders.

BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ) submitted a Form 4 disclosing that independent director Catherine A. Lynch acquired additional deferred compensation units on 1 July 2025.

The transaction involves Performance Rights accrued under the BlackRock Deferred Compensation Plan. Each right is economically equivalent to one BDJ share but will be settled 100% in cash at a future date chosen by the director, meaning no BDJ shares will be issued and there is no shareholder dilution. The filing shows:

• Acquisition code: “A” (non-open-market, compensation related)
• Units acquired this period: data field implies purchase at $8.92 per unit (price column)
• Total derivative units held after transaction: 9,069.78 Performance Rights
• Ownership form: Direct

The position size is immaterial relative to BDJ’s 178 million shares outstanding, but it marginally increases the director’s financial linkage to fund performance. Because the rights are cash-settled, the alignment is economic rather than voting. No non-derivative share activity was reported.

Investment take-away: The filing signals routine compensation deferral activity rather than discretionary insider buying or selling. It neither alters BDJ’s capital structure nor provides insight into portfolio performance, so market impact should be minimal.

BlackRock Enhanced Equity Dividend Trust (BDJ) director Arthur Philip Steinmetz reported an internal compensation transaction on Form 4 dated 07/01/2025. He acquired 741.42 Performance Rights through the BlackRock Deferred Compensation Plan. Each right mirrors the cash value of one BDJ common share and will be 100 % cash-settled at a future deferral date chosen by the director, so no BDJ shares will be issued or retired. After this award, Steinmetz now holds 5,880.43 Performance Rights, all recorded as direct beneficial ownership. The filing shows no open-market purchases, sales, or option exercises, and it does not affect BDJ’s share count, capital structure, or operations. As such, the event appears to be a routine compensation-related accrual with limited market impact.

IREN Limited (Ticker: IREN) filed a Form 4 detailing an insider equity award to Co-Chief Executive Officer and Director Daniel John Roberts.

• Transaction date: 01 July 2025; filing signed 03 July 2025.
• Security type: Ordinary Shares delivered via restricted stock units (RSUs).
• Quantity granted: 1,793,392 RSUs at a stated price of $0, reflecting a compensation award rather than an open-market purchase.
• Post-grant beneficial ownership: 14,989,696 ordinary shares held indirectly through Awassi Capital Trust #2, over which Roberts retains control.
• The RSUs will vest only if the executive satisfies applicable vesting conditions; no further details on cliff or performance criteria were disclosed.

The filing signals continued equity-based compensation for senior management and marginally increases potential future share count by roughly 1.8 million shares once the RSUs vest and convert. Absent information on IREN’s total shares outstanding, the precise dilution impact cannot be quantified. Investors may view the award as aligning executive incentives with shareholder value, while also monitoring cumulative dilution from equity-based pay.

On July 1, 2025, Sonoco Products Company (NYSE: SON) director Steven L. Boyd filed a Form 4 disclosing the acquisition of 792.5 phantom stock units under the company’s directors deferred compensation plan. Each phantom unit is economically equivalent to one share of common stock and was valued at $45.74 per unit, implying a notional transaction value of roughly $36,200. Following the transaction, Boyd now beneficially owns 7,751.2 phantom units, all held directly. The units will be settled in common stock six months after the director’s retirement. No transactions in non-derivative equity were reported, and the filing does not indicate any changes in direct share ownership.

The transaction is coded “A” (acquisition) and was executed under normal plan terms, not pursuant to a Rule 10b5-1 trading plan. Given Sonoco’s multibillion-dollar market capitalization, the size of the purchase is immaterial from a financial standpoint, but may provide a modestly positive governance signal of continued director alignment with shareholder interests.

Investar Holding Corporation (ISTR) filed a Form 4 disclosing an insider purchase by Chief Operations Officer Linda M. Crochet. On 07/01/2025, Crochet acquired 50 shares of the company’s Series A Non-cumulative Perpetual Convertible Preferred Stock. The preferred shares carry a fixed $1,000 issue price and are immediately convertible, at a stated rate, into a total of 2,380.95 shares of ISTR common stock. No dispositions or sales were reported, and the filing shows the entire position held directly by the executive.

The conversion price is subject to adjustment under certain corporate events, and the preferred stock has no expiration date, underscoring its perpetual nature. Because only one transaction is reported and there is no indication of additional derivative or non-derivative activity, the filing primarily signals a modest increase in the executive’s equity-linked exposure to the company rather than any major change in share structure or insider ownership dynamics.

While insider buying can be interpreted as a vote of confidence, the limited size of this purchase (approximately US $50,000 at par value) suggests negligible impact on the company’s overall capital structure or public float. Investors typically monitor such filings for directional signals, but the magnitude here appears too small to materially influence valuation or liquidity considerations.

On July 3, 2025, Rush Street Interactive, Inc. (RSI) Chief Operating Officer Mattias Stetz filed a Form 4 detailing two open-market sales of Class A common stock executed under a pre-arranged Rule 10b5-1 trading plan dated August 16, 2024.

• July 1, 2025: 25,000 shares sold at a weighted-average price of $14.8058.
• July 3, 2025: 25,000 shares sold at $15.00.

After these transactions, Stetz directly owns 321,051 RSI shares and indirectly holds 205,448 shares through his spouse, for a combined beneficial ownership of 526,499 shares. The disposals reduce his direct holdings by roughly 13% while leaving a substantial equity position intact.

No derivative securities were exercised or disposed of, and the filing confirms that all sales were carried out under the 10b5-1 plan, mitigating concerns about opportunistic timing.