Tri Pointe Homes (NYSE: TPH) legal chief makes bona fide gift of 3,400 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tri Pointe Homes, Inc. General Counsel & Secretary David Ch. Lee reported a bona fide gift of 3,400 shares of the company’s common stock. The transfer carried no sale price, reflecting a non-market disposition. After this gift, he continues to directly hold 130,245 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,400 shares gifted
Mixed
1 txn
Insider
LEE DAVID CH
Role
General Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 3,400 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 130,245 shares (Direct)
Footnotes (1)
Key Figures
Shares gifted: 3,400 shares
Holding after transaction: 130,245 shares
Gift transactions count: 1 transaction
+1 more
4 metrics
Shares gifted
3,400 shares
Bona fide gift of common stock
Holding after transaction
130,245 shares
Directly held common stock following gift
Gift transactions count
1 transaction
Single reported bona fide gift
Gift shares in summary
3,400 shares
Aggregate gift shares in transactionSummary
Key Terms
bona fide gift, Common Stock, Form 4, transaction code G
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code G regulatory
"transaction_code: "G""
FAQ
What insider transaction did TPH report in this Form 4?
Tri Pointe Homes General Counsel David Ch. Lee reported a bona fide gift of 3,400 common shares. This is a non-market transfer at no price, meaning no open-market buying or selling occurred in connection with this transaction.
Was the TPH insider transaction a market sale or purchase?
No. The transaction was reported under code G as a bona fide gift of 3,400 common shares at a stated price of zero. This indicates a non-market transfer, not an open-market sale or purchase of Tri Pointe Homes stock.
What does transaction code G mean in the TPH Form 4 filing?
Transaction code G in the Tri Pointe Homes Form 4 indicates a bona fide gift. In this case, the insider disposed of 3,400 common shares without receiving payment, distinguishing it from typical market sales or option exercises involving cash consideration.