Form 4: AMMO, Inc. CEO Jared Smith Reports Stock Transactions

AMMO, Inc. CEO Jared Smith received 43,333 shares of common stock as part of his compensation and had 13,941 shares withheld for tax obligations.

Summary

• Jared Smith, CEO of AMMO, Inc., reported a transaction on January 8, 2025.
• He acquired 43,333 shares of common stock as part of his quarterly compensation.
• These shares were granted at a price of $0.00.
• The compensation includes 33,333 shares for his role as CEO and 10,000 shares as a member of the Board of Directors.
• Additionally, 13,941 shares were withheld to cover tax obligations at a price of $1.3 per share.
• Following these transactions, Mr. Smith beneficially owns 436,474 shares of AMMO, Inc. common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is generally neutral to positive. The stock grant is a positive for the executive, but the tax withholding is a negative. Overall, it's a standard event.

Positives

• The CEO received a significant number of shares as part of his compensation, aligning his interests with shareholders.
• The stock grant is part of a regular quarterly compensation plan.

Negatives

• A portion of the granted shares were immediately withheld to cover tax obligations, reducing the net gain for the CEO.

Risks

• The document does not indicate any specific risks.

Industry Context

This is a standard SEC Form 4 filing, which is common for publicly traded companies when insiders make transactions in their company's stock. It is a routine disclosure and does not indicate any unusual activity.

Comparison to Industry Standards

• Stock-based compensation is a common practice for executives in publicly traded companies.
• The number of shares granted and the tax withholding are typical for executive compensation packages.
• The reporting of these transactions via SEC Form 4 is a standard regulatory requirement.

Stakeholder Impact

• The stock grant to the CEO aligns his interests with shareholders.
• The tax withholding has no direct impact on other stakeholders.

Key Dates

Keywords

AMMO, Inc., Jared Smith, CEO, stock grant, insider trading, Form 4, compensation, tax withholding, beneficial ownership