Form 4: AMMO, Inc. Executive Chairman Wagenhals Reports Share Transactions

Executive Chairman Fred Wagenhals of AMMO, Inc. reports the acquisition of 55,000 shares and the disposal of 3,454 shares for tax obligations on January 8, 2025.

Summary

• Fred Wagenhals, the Executive Chairman of AMMO, Inc., reported changes in his beneficial ownership of the company's stock.
• On January 8, 2025, Mr. Wagenhals acquired 55,000 shares of common stock as part of his quarterly compensation.
• This compensation included 45,000 shares for his role as Executive Chairman and 10,000 shares as a member of the Board of Directors.
• Also on January 8, 2025, 3,454 shares were disposed of to cover tax withholding obligations related to the received shares.
• The disposal of shares was at a price of $1.3 per share.
• Following these transactions, Mr. Wagenhals beneficially owns 7,279,449 shares of AMMO, Inc.

Sentiment

Score: 7

Explanation: The document is a routine disclosure of stock transactions by an executive, which is neither positive nor negative in itself. The sentiment is neutral to slightly positive due to the alignment of interests.

Positives

• The acquisition of 55,000 shares indicates continued alignment of the Executive Chairman's interests with the company's performance.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company stock. It is a routine disclosure and does not indicate any unusual activity.

Comparison to Industry Standards

• Form 4 filings are a standard practice for all publicly traded companies in the US.
• The transactions reported are typical for executive compensation and tax obligations.
• The number of shares acquired and disposed of is specific to the individual's compensation package and tax situation, and not directly comparable to other companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine compensation and tax obligations of an executive.

Key Dates

Keywords

AMMO, Inc., Fred Wagenhals, Executive Chairman, share ownership, stock transaction, Form 4, insider trading, compensation, tax withholding