Form 4: AMMO, Inc. Executive Chairman Wagenhals Reports Stock Grant and Tax Withholding
SEC Form 4 Filing
Fred Wagenhals, Executive Chairman of AMMO, Inc., reports the acquisition of 55,000 shares of common stock as part of his compensation and the subsequent withholding of 1,736 shares for tax obligations.
Summary
- On March 31, 2025, Fred Wagenhals, the Executive Chairman of AMMO, Inc., acquired 55,000 shares of common stock as part of his annual compensation.
- These shares were granted quarterly for his services as Executive Chairman (45,000 shares) and as a member of the Board of Directors (10,000 shares).
- On the same day, 1,736 shares were withheld by AMMO, Inc. to cover tax withholding obligations related to the stock grant at a price of $1.38.
- Following these transactions, Wagenhals beneficially owns 7,332,713 shares of AMMO, Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects routine compensation and tax-related transactions.
Positives
- The grant of shares to the Executive Chairman aligns his interests with those of the shareholders.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The stock grant could have a minor dilutive effect on existing 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, Fred Wagenhals, Executive Chairman, Stock Grant, Beneficial Ownership, Form 4, SEC, Compensation, Tax Withholding
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