Form 4: Director Jessica M. Lockett Reports Changes in Beneficial Ownership of AMMO, Inc. Stock
SEC Form 4
Jessica M. Lockett, a director of AMMO, Inc., reports the acquisition of 15,000 shares of common stock and resignation from the board.
Summary
- On March 31, 2025, Jessica M. Lockett, a director of AMMO, Inc. (POWW), reported changes in her beneficial ownership of the company's stock.
- The report indicates that Ms. Lockett acquired 15,000 shares of common stock as part of the quarterly compensation for Board service, priced at $0.
- Ms. Lockett also reported a disposition of 190,000 shares.
- As of March 30, 2025, Ms. Lockett resigned from the board of directors and is no longer subject to Section 16 reporting requirements.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Director | Jessica M. Lockett | 03/30/2025 | Resignation |
Stakeholder Impact
- Shareholders are informed of changes in insider ownership.
- The company loses a board member.
Key Dates
| Date | Description |
|---|---|
| 03/30/2025 | Jessica M. Lockett resigned from the board of directors. |
| 03/31/2025 | Date of transaction: acquisition of 15,000 shares of common stock. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
beneficial ownership, Form 4, director, AMMO, Inc., POWW, stock acquisition, stock disposition, board compensation, resignation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.