Director Allen K. Furr (UWHR) granted shares as part of annual board retainer
Rhea-AI Filing Summary
Furr Allen K reported acquisition or exercise transactions in this Form 4 filing.
UWHARRIE CAPITAL CORP director Allen K. Furr received 132 shares of common stock held jointly with his spouse as part of his Annual Retainer for board service. The shares were valued using a weighted average price of $11.293 per share for this specific payment.
After this grant, the jointly held position increased to 4,503 shares. The Form 4 also lists additional direct and indirect holdings, including shares held in IRA accounts and as custodian for a family member, which reflect overall ownership but do not represent new market purchases or sales.
Positive
- None.
Negative
- None.
Insights
Routine director stock grant as part of annual board retainer.
The filing shows director Allen K. Furr received 132 shares of UWHARRIE CAPITAL CORP common stock, held jointly with his spouse, as payment for a portion of his Annual Retainer for serving as a director. The price used was a weighted average of $11.293 per share.
This is a standard equity-compensation event rather than an open-market trade, so it carries limited signaling value about his view of the stock. The filing also lists existing direct and IRA holdings, giving a fuller picture of his ownership position, but these are reported as holdings, not new transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock (Held jointly with Spouse) | 132 | $11.293 | $1K |
| holding | Common Stock (Held by Self) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock (Held by Spouse as Custodian for Daughter) | -- | -- | -- |
Footnotes (1)
- This acquisition represents payment for a portion of the reporting person's Annual Retainer for serving in the capacity of Director. The number of shares acquired by the reporting person is based on the amount of the Annual Retainer being paid divided by a weighted average price of the issuer's common stock acquired for this specific payment. Represents a weighted average price of the issuer's common stock acquired for this specific payment. Held by Cede & Co., Depository for Pershing LLC As Custodian IRA FBO Allen K. Furr Held by Cede & Co., Depository for Pershing LLC As Custodian Roth IRA FBO Allen K. Furr Held by Cede & Co., Depository for Pershing LLC As Custodian IRA FBO Jennifer R. Furr