May 3, 2024 · Form 4 insider transaction
COOKMAN JAMES M bought 6,011.9 shares of Summit Financial Enterprises Inc., a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 0 days after the transaction.
Each share of phantom stock was the economic equivalent of one share of SMMF common stock. The reporting person settled his shares of phantom stock for cash. The price for the settlement of the phantom stock for cash is the market price of one share of SMMF common stock of $26.47