Form 4: Athena Gold Corp CFO Acquires 100,000 Shares at $0.036 Each
SEC Form 4 Filing
Tyler J. Minnick, CFO of Athena Gold Corp, recently acquired 100,000 shares of common stock at a price of $0.036 per share.
Summary
- On June 7, 2024, Tyler J. Minnick, the CFO of Athena Gold Corp, acquired 100,000 shares of the company's common stock.
- The purchase price was $0.036 per share.
- Following this transaction, Minnick directly owns 425,000 shares of Athena Gold Corp.
- Minnick also holds options to purchase 250,000 shares of common stock at an exercise price of $0.06, which were granted in appreciation of his services as an Executive Officer of the Company pursuant to the Company's 2020 Equity Incentive Plan.
- These options were granted on October 12, 2022, and expire on October 12, 2032.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CFO's purchase of shares is a positive sign, but the amount is relatively small and the stock price is low.
Positives
- The CFO's purchase of shares could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
Insider buying is often viewed as a positive signal, suggesting that a company insider believes the company's stock is undervalued.
Stakeholder Impact
- The CFO's stock purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 10/12/2022 | Date Common Stock Options were issued to the reporting person. |
| 06/07/2024 | Date of the transaction where the CFO acquired 100,000 shares. |
| 06/18/2024 | Date of the Form 4 filing. |
| 10/12/2032 | Expiration date of the Common Stock Options. |
Keywords
Athena Gold Corp, AHNR, CFO, Tyler J. Minnick, stock acquisition, Form 4, insider trading, common stock, stock options, equity incentive plan
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.