Form 4: Athena Gold Corp CEO John C. Power Acquires Shares and Warrants
SEC Form 4
John C. Power, CEO of Athena Gold Corp, reports the acquisition of common stock and warrants, increasing his direct and indirect holdings in the company.
Summary
- On October 25, 2024, John C. Power, the President and CEO of Athena Gold Corp, acquired 590,000 shares of common stock at a price of $0.036 per share.
- This transaction increased his directly held common stock to 12,259,239 shares.
- He also acquired 295,000 common stock warrants exercisable at $0.086, expiring on October 25, 2027.
- Power indirectly owns 98,000 shares through his 401(k).
- Power directly owns 171,000 common stock warrants exercisable at $0.073, expiring on April 24, 2025.
- Power directly owns 1,875,000 common stock warrants exercisable at $0.037, expiring on January 17, 2025.
- Power directly owns 500,000 common stock options exercisable at $0.06, expiring on October 12, 2032.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects insider buying, which can be seen as positive, but it's a routine filing and doesn't provide enough information to strongly indicate a positive or negative outlook.
Positives
- The CEO's purchase of shares and warrants could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for signals about management's confidence in the company's prospects.
Stakeholder Impact
- Shareholders may view the CEO's purchase of shares and warrants as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 10/12/2022 | Common Stock Options exercisable |
| 04/24/2023 | Common Stock Warrant exercisable |
| 01/17/2024 | Common Stock Warrant exercisable |
| 10/25/2024 | Date of transaction: Acquisition of common stock and warrants. |
| 10/29/2024 | Date of Form 4 filing. |
| 01/17/2025 | Expiration date of Common Stock Warrant. |
| 04/24/2025 | Expiration date of Common Stock Warrant. |
| 10/25/2027 | Expiration date of Common Stock Warrants. |
| 10/12/2032 | Expiration date of Common Stock Options. |
Keywords
Athena Gold Corp, John C. Power, stock acquisition, warrants, insider trading, Form 4, beneficial ownership
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