Tectonic CFO’s 2,500 preferred shares redeemed
Tectonic Financial, Inc. reported a Form 4 transaction for its Chief Financial Officer, Michelle Kay Baird, involving Series B Non-Cumulative Perpetual Preferred Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Tectonic Financial, Inc. reported a Form 4 transaction for its Chief Financial Officer, Michelle Kay Baird, involving Series B Non-Cumulative Perpetual Preferred Stock. On this date, 2,500 shares at $10.00 per share were affected when the securities were called for redemption by the issuer. Following this redemption, the filing shows the officer holding 0 shares of this security directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Series B Non-Cumulative Perpetual Preferred Stock | 2,500 | $10.00 | $25K |
Footnotes (1)
- F1. The reported securities were called for redemption by the issuer.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tectonic Financial (TECTP) disclose for its CFO?
What does “called for redemption” mean in the Tectonic Financial (TECTP) Form 4?
What transaction code appears in the Tectonic Financial (TECTP) Form 4 for the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.