Allen C. David JR 4
Research Summary
AI-generated summary
BGSF Director Allen C. David Jr Receives 3,691-Share Award
What Happened
- Allen C. David Jr., a director of BGSF, Inc. (BGSF), was granted 3,691 shares on 2026-05-06. The Form 4 reports these shares as an award/grant (transaction code A) with an acquisition price of $0.00, so the filing lists a total reported value of $0.
Key Details
- Transaction date: 2026-05-06; Filing date: 2026-05-07 (timely filing).
- Transaction type: Award/Grant (code A); shares received: 3,691; price per share: $0.00.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes/conditions: none disclosed in the summary provided (vesting or restrictions not specified).
- Filing timeliness: appears timely (filed the day after the transaction).
Context
- Grants to directors are typically compensation or part of a board equity plan and may be subject to vesting or other restrictions; they are not the same as open-market purchases and therefore don't necessarily signal immediate confidence in the stock price. For investors, awards provide insight into executive/board compensation but should be weighed with other insider transactions and company disclosures.