Form 4: Ammo Inc. Executive Chairman Wagenhals Reports Stock Grant and Tax Withholding

Fred Wagenhals, Executive Chairman of AMMO, Inc., reports the acquisition of 55,000 shares as part of his compensation and the withholding of 1,293 shares for tax obligations.

Summary

• On July 11, 2024, Fred Wagenhals, the Executive Chairman of AMMO, Inc., reported a transaction involving the company's common stock.
• He acquired 55,000 shares of common stock as part of his quarterly compensation for services to the Issuer.
• Specifically, 45,000 shares were for his role as Executive Chairman, and 10,000 shares were part of the quarterly compensation for Board members.
• Additionally, 1,293 shares were withheld by the Issuer to cover tax obligations related to the shares received.
• Following these transactions, Wagenhals beneficially owns 7,174,196 shares of AMMO, Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of executive compensation, which is neither particularly positive nor negative.

Positives

• The stock grant to the Executive Chairman and Board members aligns their interests with the company's performance.
• The disclosure is transparent and provides investors with insights into executive compensation.

Industry Context

Executive compensation in the form of stock grants is a common practice in publicly traded companies to align management's interests with those of shareholders. The size and structure of these grants can vary significantly based on company size, industry, and performance.

Comparison to Industry Standards

• Stock grants are a typical component of executive compensation packages in publicly traded companies.
• Comparing the size of this grant to similar companies in the ammunition and shooting sports industry would provide a better understanding of its relative value.
• Companies like Vista Outdoor or Olin Corporation could serve as benchmarks for executive compensation practices.

Stakeholder Impact

• Shareholders may view the stock grant as a positive incentive for management.
• Employees may see it as a sign of the company's commitment to its leadership.

Key Dates