Form 4: AMMO, Inc. CFO Robert D. Wiley Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
CFO of AMMO, Inc., Robert D. Wiley, reports acquisition of 25,000 shares and disposal of 6,999 shares of common stock on June 20, 2024.
Summary
- On June 20, 2024, Robert D. Wiley, CFO of AMMO, Inc., acquired 25,000 shares of common stock as part of his annual compensation.
- On the same day, Wiley disposed of 6,999 shares to cover tax withholding obligations related to the received shares.
- Following these transactions, Wiley beneficially owns 288,839 shares of AMMO, Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing reflects routine compensation and tax-related transactions. There's no indication of significant positive or negative implications for the company.
Positives
- The acquisition of shares reflects ongoing compensation for the CFO's services.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's alignment with shareholder interests.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 06/20/2024 | Date of stock acquisition and disposal. |
| 06/24/2024 | Date of signature on the Form 4. |
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