Form 4: 374Water Inc. Director Yaacov Nagar Sells Shares in Recent Transactions
SEC Form 4 Filing
Director Yaacov Nagar of 374Water Inc. sold a total of 31,925 shares of common stock in transactions on January 23rd and 24th, 2025.
Summary
- Yaacov Nagar, a director at 374Water Inc., sold 31,025 shares of common stock on January 23, 2025, at a price of $0.597 per share.
- He then sold an additional 900 shares on January 24, 2025, at a price of $0.59 per share.
- Following these transactions, Mr. Nagar directly owns 36,773,795 shares of 374Water Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock sales by a director, with no indication of positive or negative sentiment about the company's performance.
Industry Context
This is a standard SEC Form 4 filing, which is required when company insiders, such as directors, trade shares of their company. These filings are closely watched by investors for insights into management's view of the company's prospects.
Comparison to Industry Standards
- SEC Form 4 filings are a standard practice for publicly traded companies in the United States.
- The volume of shares sold by Mr. Nagar is relatively small compared to the total number of shares he owns, suggesting this may be a routine transaction rather than a significant change in his investment outlook.
- It is common for directors to sell shares for personal financial management reasons.
Stakeholder Impact
- The stock sales by a director may be of interest to shareholders, but the relatively small volume of shares sold is unlikely to have a significant impact on the share price.
Key Dates
| Date | Description |
|---|---|
| 01/23/2025 | Yaacov Nagar sold 31,025 shares of common stock at $0.597 per share. |
| 01/24/2025 | Yaacov Nagar sold 900 shares of common stock at $0.59 per share. |
| 01/27/2025 | Date of signature for the SEC Form 4 filing. |
Keywords
374Water Inc., Yaacov Nagar, stock sale, insider trading, share transaction, director
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