Form 4: Arena Group Holdings CEO Sara Silverstein Acquires and Disposes of Shares
SEC Form 4 Filing
CEO Sara Silverstein reports acquiring 42,074 shares of Arena Group Holdings at $0.85 per share and disposing of 59,879 shares.
Summary
- On August 28, 2024, Sara Silverstein, CEO of Arena Group Holdings, acquired 42,074 shares of common stock at a price of $0.85 per share.
- Following this transaction, Silverstein directly owns 59,879 shares of Arena Group Holdings.
- The acquisition was a private transaction using VWAP pricing.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider trading activity, required by the SEC to ensure transparency and prevent illegal insider trading. It provides investors with information about the transactions of company executives.
Stakeholder Impact
- The transaction may influence investor perception of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of the stock acquisition and disposal transaction. |
| 08/29/2024 | Date of signature on the Form 4 filing. |
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