Form 4: AMMO, Inc. COO Elizabeth Cross Reports Stock Grant and Tax Withholding
SEC Form 4 Filing
Elizabeth Cross, COO of AMMO, Inc.'s GunBroker division, reports the acquisition of 18,750 shares as part of her compensation and the disposal of 5,135 shares for tax obligations.
Summary
- On October 3, 2024, Elizabeth Cross, the COO of GunBroker (a division of AMMO, Inc.), acquired 18,750 shares of AMMO, Inc. common stock as part of her quarterly compensation.
- These shares were granted at a price of $0.
- On the same day, she disposed of 5,135 shares at $1.43 to cover tax withholding obligations related to the stock grant.
- Following these transactions, Cross directly owns 39,061 shares of AMMO, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Positives
- The grant of shares as part of compensation aligns the executive's interests with those of the shareholders.
Industry Context
This filing is a routine disclosure related to insider transactions and is common for publicly traded companies.
Stakeholder Impact
- The stock transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 10/03/2024 | Date of stock grant and tax withholding transaction. |
| 10/11/2024 | Date of Form 4 filing. |
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