Macioce Mark J. 4
Research Summary
AI-generated summary
Civista Bancshares (CIVB) Director Mark Macioce Sells 250 Shares
What Happened
Mark J. Macioce, a director of Civista Bancshares, disposed of 250 shares to the issuer on April 28, 2026. The shares were reported at $25.23 each, for total proceeds of approximately $6,308. This transaction is recorded as a disposition (sale) rather than a purchase.
Key Details
- Transaction date: April 28, 2026
- Transaction type/code: Disposition to issuer (D) — 250 shares at $25.23; gross amount $6,308
- Form 4 filing date: April 30, 2026 — appears timely (filed within two business days of the transaction)
- Shares owned after transaction: Not specified in the provided filing (consult the full Form 4 for post-transaction holdings)
- Footnotes / plan info: None listed in the summary provided (no 10b5-1 plan or tax-withholding detail shown)
Context
Sales or dispositions by insiders are commonly routine (e.g., to satisfy tax or other obligations) and are generally less indicative of positive forward-looking sentiment than purchases. This Form 4 does not state the reason for the disposition, so no motivation should be inferred from the filing alone.