Form 4: AudioEye Executive Chairman Carr Bettis Reports Stock Transactions

Carr Bettis, Executive Chairman of AudioEye, reports acquisition of shares as part of his salary and disposition of shares to cover withholding taxes.

Summary

• On February 28, 2025, Carr Bettis, the Executive Chairman of AudioEye, Inc., acquired 772 shares of common stock as part of his base salary.
• These shares were issued at a price of $0.
• On the same day, Bettis disposed of 229 shares of common stock at $13.01 to cover withholding taxes.
• Following these transactions, Bettis directly owns 453,311 shares of AudioEye common stock.
• Bettis is also deemed a beneficial owner of 200,045 shares held by CSB IV US Holdings LLC and 18,600 shares held in his IRA.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation and tax obligations. It doesn't indicate any significant positive or negative developments for the company.

Positives

• The acquisition of shares as part of the executive's salary aligns his interests with the company's performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's alignment with shareholder interests.

Stakeholder Impact

• Shareholders can monitor insider transactions to assess management's confidence in the company.

Key Dates