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 of common stock as part of her compensation and the disposal of 5,989 shares for tax withholding.
Summary
- On March 31, 2025, Elizabeth Cross, the COO of GunBroker (a division of AMMO, Inc.), acquired 18,750 shares of AMMO, Inc. common stock as part of her annual compensation.
- These shares were granted quarterly for her services.
- On the same day, she disposed of 5,989 shares to cover tax withholding obligations related to the received shares at a price of $1.38 per share.
- Following these transactions, Cross directly owns 66,119 shares of AMMO, Inc.
Sentiment
Score: 6
Explanation: The document reflects routine insider transactions related to compensation and tax obligations, which are neither particularly positive nor negative.
Positives
- The receipt of shares as part of compensation aligns the executive's interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices and tax obligations.
Stakeholder Impact
- The stock grant aligns the executive's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of stock grant and tax withholding. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
AMMO, Inc., POWW, Elizabeth Cross, GunBroker, stock grant, Form 4, COO, insider trading, tax withholding, common stock
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