Form 4: A-Mark Precious Metals President Disposes Shares for Tax Obligations

A-Mark Precious Metals, Inc. President Thor Gjerdrum reported the disposition of 5,347 common shares at $22.18 per share to cover tax withholding obligations related to a restricted stock unit award.

Summary

• Thor Gjerdrum, President of A-Mark Precious Metals, Inc. (AMRK), reported a transaction on June 30, 2025.
• The transaction involved the disposition of 5,347 shares of common stock.
• These shares were disposed of at a price of $22.18 per share.
• The disposition was made to satisfy tax withholding obligations associated with the settlement of a restricted stock unit award.
• Following this transaction, Thor Gjerdrum beneficially owns 61,838 shares of A-Mark Precious Metals, Inc. common stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine compliance filing for an insider transaction related to tax withholding on an RSU award, which is neither inherently positive nor negative for the company's operational performance or outlook.

Positives

• The transaction indicates the settlement of a restricted stock unit award, which is a form of equity compensation for the President.

Negatives

• The disposition of shares, while for tax purposes, reduces the direct beneficial ownership of the President.

Future Outlook

NA

Industry Context

This is a routine insider transaction filing (Form 4) and does not provide broader industry context. It reflects standard equity compensation practices.

Comparison to Industry Standards

• This is a standard tax-related disposition of shares from a restricted stock unit (RSU) award, common across publicly traded companies that use equity compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact. This is a routine disposition for tax purposes, not a discretionary sale indicating lack of confidence.
• Employees: No direct impact mentioned.
• Customers/Suppliers/Creditors: No direct impact.

Key Dates

Keywords

A-Mark Precious Metals, AMRK, Thor Gjerdrum, Form 4, insider transaction, stock disposition, tax withholding, restricted stock units, RSU, beneficial ownership