Urban One, Inc. recently filed a Form 4 with the Securities and Exchange Commission, indicating changes in the holdings of company insiders or major shareholders. Form 4 is required to be filed with the SEC whenever there are changes in ownership of company stock by insiders, such as directors or officers, or beneficial owners of more than 10% of the company’s stock. This filing is significant as it provides transparency to investors and the public about any buying or selling of company shares by insiders, which can sometimes indicate their confidence in the company’s future performance.
Urban One, Inc. is a leading urban media company that targets African American and urban audiences. The company operates through various subsidiaries, including TV One, Radio One, Reach Media, iOne Digital, and One Solution. Urban One, Inc. provides diversified media services, including cable television, radio broadcasting, digital media, and entertainment events. With a focus on serving the African American community, Urban One, Inc. plays a significant role in providing news, information, and entertainment to a diverse audience.
Overall, the Form 4 filing by Urban One, Inc. provides insight into the company’s insider trading activities, which can be valuable information for investors. For more details about Urban One, Inc. and its various media platforms, you can visit their website here.
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