Form 4: Arena Group Holdings Director Acquires Shares at $0.8937, Then Disposes of Holdings
SEC Form 4 Filing
Director Randall Cavitt reports acquiring 58,548 shares of Arena Group Holdings at $0.8937 on May 31, 2024, and then disposing of 114,931 shares.
Summary
- On May 31, 2024, Randall Cavitt, a director of Arena Group Holdings, Inc., acquired 58,548 shares of common stock at a price of $0.8937 per share.
- Following this acquisition, Cavitt disposed of 114,931 shares.
- After the reported transactions, the filing indicates Cavitt's beneficial ownership of Arena Group Holdings common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of stock acquisition and disposal transactions. |
| 06/03/2024 | Date of signature for the Form 4 filing. |
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