Form 4: AMMO, Inc. CEO Jared Smith Reports Stock Grant and Tax Withholding
SEC Form 4 Filing
CEO Jared Smith reports receiving a stock grant as part of his compensation and shares withheld for tax obligations.
Summary
- On March 31, 2025, AMMO, Inc. CEO Jared Smith reported a transaction involving the company's common stock.
- Smith acquired 43,333 shares of common stock as part of his annual compensation, granted quarterly.
- Specifically, 33,333 shares were for his role as CEO, and 10,000 shares were part of the quarterly compensation for members of the Board of Directors.
- Additionally, 15,357 shares were withheld by AMMO, Inc. to cover tax obligations related to the shares received on March 31, 2025.
- Following these transactions, Smith beneficially owns 464,450 shares of AMMO, Inc. common stock.
Sentiment
Score: 6
Explanation: The document is a routine disclosure of stock transactions related to executive compensation. It doesn't contain any particularly positive or negative news, hence a neutral sentiment score.
Positives
- The stock grant to the CEO and board members aligns their interests with the company's performance.
Industry Context
Executive compensation in the form of stock grants is a common practice in publicly traded companies to incentivize performance and align management's interests with shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of stock grant and tax withholding. |
| 04/02/2025 | Date of Form 4 filing. |
Keywords
AMMO, Inc., POWW, Jared Smith, CEO, stock grant, Form 4, beneficial ownership, compensation, tax withholding
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.