SCHEDULE: Gold.com Director Benjamin Cuts Stake Below 5%
Insider Ownership Change
Jeffrey D. Benjamin, Chairman of Gold.com, Inc., has reduced his beneficial ownership in the company to 4.9% through open market sales.
Summary
- Jeffrey D. Benjamin's beneficial ownership in Gold.com, Inc. decreased to 1,242,746 shares, representing 4.9% of the outstanding Common Stock as of March 9, 2026.
- This reduction is primarily due to open market sales of 380,762 shares between February 12, 2026, and March 9, 2026.
- The decrease in percentage ownership was also influenced by a substantial increase in the total number of outstanding shares, which reached 25,296,992 as of January 30, 2026.
- Benjamin ceased to be a beneficial owner of more than five percent of the outstanding class of Common Stock on March 9, 2026.
- His beneficial ownership includes 26,870 restricted stock units (RSUs), with 22,306 vested and deferred, and 4,564 vesting on November 12, 2026.
- Benjamin disclaims beneficial ownership of 740,240 shares held in two family trusts.
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a negative development due to significant insider selling by the Chairman of the Board, coupled with a substantial increase in outstanding shares, which typically indicates dilution.
Negatives
- A significant insider, Jeffrey D. Benjamin, sold 380,762 shares of Gold.com, Inc. common stock in open market transactions.
- The sales occurred over a period where the stock price generally declined, from a high of $62.47 on February 12, 2026, to a low of $50.00 on March 9, 2026.
- The reduction in a key insider's stake below the 5% threshold could be perceived negatively by the market.
Future Outlook
The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
StockSavvy.ai notes that insider selling, especially by a Chairman of the Board, can sometimes signal a lack of confidence in the company's near-term prospects or a belief that the stock is fully valued. However, it could also be for personal liquidity reasons. The simultaneous increase in outstanding shares suggests potential dilution or capital-raising activities by Gold.com, Inc., which could put downward pressure on the stock price, making insider sales more understandable.
Stakeholder Impact
- Shareholders: Potential negative sentiment due to insider selling and dilution from increased shares outstanding.
- Management/Board: Jeffrey D. Benjamin remains Chairman, but his reduced stake might alter his influence or perceived commitment.
Next Steps
- Vesting of 4,564 restricted stock units for Jeffrey D. Benjamin on November 12, 2026.
Key Dates
| Date | Description |
|---|---|
| 2014-03-21 | Initial Schedule 13D filed with the SEC. |
| 2014-03-25 | Amendment No. 1 to Schedule 13D filed. |
| 2021-07-16 | Amendment No. 2 to Schedule 13D filed. |
| 2022-07-08 | Amendment No. 3 to Schedule 13D filed. |
| 2026-01-30 | Date of 25,296,992 shares of Common Stock outstanding, as reported in Issuer's Form 10-Q. |
| 2026-02-06 | Issuer's Quarterly Report on Form 10-Q filed, reporting shares outstanding as of January 30, 2026. |
| 2026-02-12 | Start date of open market sales by Jeffrey D. Benjamin. |
| 2026-03-09 | Date Jeffrey D. Benjamin ceased to be a beneficial owner of more than five percent of the outstanding class of Common Stock; end date of open market sales. |
| 2026-03-13 | Date of signing of Amendment No. 4 to Schedule 13D. |
| 2026-11-12 | Stated vesting date for 4,564 restricted stock units (RSUs) held by Jeffrey D. Benjamin. |
Recommendation
sellThe significant open market sales by the Chairman of the Board, Jeffrey D. Benjamin, reducing his stake below 5%, coupled with the substantial increase in outstanding shares (suggesting dilution), indicate a potentially negative outlook for Gold.com, Inc. from a key insider. This action, especially during a period of declining stock prices, suggests a lack of confidence or a belief that the stock is overvalued, warranting a 'sell' recommendation for seasoned investors.
Keywords
Gold.com, Jeffrey D. Benjamin, Schedule 13D/A, Insider Sales, Stock Ownership, Common Stock, Beneficial Ownership, Restricted Stock Units, Corporate Governance
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