Form 4: A-Mark Precious Metals Director Jeffrey Benjamin Sells Shares
SEC Form 4
Director Jeffrey D. Benjamin sold 45,124 shares of A-Mark Precious Metals, Inc. (AMRK) on September 16 and 17, 2024.
Summary
- Jeffrey D. Benjamin, a director of A-Mark Precious Metals, Inc. (AMRK), sold 40,000 shares of common stock on September 16, 2024, at a weighted average price of $44.4406 per share.
- He then sold an additional 5,124 shares on September 17, 2024, at a weighted average price of $45 per share.
- Following these transactions, Benjamin directly owns 724,198 shares and indirectly owns 100,000 shares through his spouse's 2012 Family Trust and 700,000 shares through the Jeffrey D. Benjamin 2012 Family Trust.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. The impact on the stock price is uncertain without further context.
Industry Context
Insider selling can sometimes be interpreted negatively by the market, but it's important to consider the context. Without additional information, it's difficult to determine the motivation behind these sales.
Stakeholder Impact
- Shareholders may react to the insider selling, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 09/16/2024 | Director Jeffrey D. Benjamin sold 40,000 shares of AMRK at a weighted average price of $44.4406. |
| 09/17/2024 | Director Jeffrey D. Benjamin sold 5,124 shares of AMRK at a weighted average price of $45. |
| 09/18/2024 | Date of Form 4 signature. |
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