Form 4: AMMO, Inc. VP of Operations, James Patrick Mann, Reports Stock Transactions

James Patrick Mann, Vice President of Operations at AMMO, Inc., reports acquisition of 25,000 shares and disposal of 10,294 shares to cover tax obligations.

Summary

• On October 3, 2024, James Patrick Mann, the Vice President of Operations at AMMO, Inc. (POWW), acquired 25,000 shares of common stock as part of his quarterly compensation.
• The shares were granted at a price of $0.
• On the same day, Mann disposed of 10,294 shares at $1.43 per share to satisfy tax withholding obligations related to the received shares.
• Following these transactions, Mann beneficially owns 324,757 shares of AMMO, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and tax obligations.

Positives

• The acquisition of shares reflects ongoing compensation for the VP of Operations.

Negatives

• The disposal of shares to cover tax obligations reduces the overall shareholding.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they relate to executive compensation.

Key Dates