Form 4: Ammo Inc. VP of Sales, Anthony Louis Tate, Acquires 12,533 Shares
SEC Form 4 Filing
Anthony Louis Tate, VP of Sales at AMMO, INC. (POWW), acquired 12,533 shares of common stock at $1.48 per share on August 13, 2024.
Summary
- On August 13, 2024, Anthony Louis Tate, the VP of Sales at AMMO, INC. (POWW), acquired 12,533 shares of common stock.
- The purchase price was $1.48 per share.
- Following the transaction, Tate directly owns 456,355 shares of AMMO, INC.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. An insider purchase is generally viewed as a positive sign, but the size of the purchase is relatively small.
Positives
- The VP of Sales' purchase of shares could be interpreted as a positive signal about their confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC when company insiders buy or sell shares of their own company. These filings are closely watched by investors as they can provide insights into management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Date of the stock transaction |
| 09/11/2024 | Date of signature on the Form 4 filing |
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