Shimmick (SHIM) CFO Buys 2,000 Shares; Weighted Avg Price $2.80
Rhea-AI Filing Summary
Todd Wilbur Yoder, Chief Financial Officer of Shimmick Corp (SHIM), reported an insider purchase of common stock. On 08/21/2025 he acquired a total of 2,000 shares at a weighted average price of $2.80 per share, resulting in 2,000 shares beneficially owned directly after the transaction. The Form 4 was signed by John Carpenter as power of attorney on 08/22/2025. The filing notes the shares were bought in multiple transactions at prices ranging from $2.79 to $2.81 and offers to provide breakdowns of individual trades upon request.
Positive
- Insider purchase disclosed: CFO acquired 2,000 shares, aligning with transparent insider reporting obligations
- Price-range transparency: Filing states trades occurred between $2.79 and $2.81 and provides weighted average price of $2.80
Negative
- Small transaction size: Acquisition of 2,000 shares is unlikely to be material to shareholders or corporate control
Insights
TL;DR: Insider acquisition of 2,000 shares at ~$2.80 is a small, routine purchase from a financial perspective.
The purchase is recorded as an acquisition (Code A) by the company CFO, showing direct ownership of 2,000 shares post-transaction. The transaction size and dollar value are modest and do not on their own indicate a material change to company capitalization or control. The filing’s disclosure that trades occurred across $2.79–$2.81 and the weighted average price enhances transparency for share-cost analysis.
TL;DR: Filing follows Section 16 reporting norms; executed via power of attorney and provides required price-range disclosure.
The Form 4 appropriately identifies the reporting person, role (CFO), transaction date, and post-transaction beneficial ownership. Use of a power of attorney with a dated signature complies with signature requirements. The explicit note about weighted-average pricing and availability of per-trade details supports regulators’ and investors’ ability to verify execution specifics.