Form 4: AudioEye Executive Chairman Carr Bettis Reports Stock Transactions

Carr Bettis, Executive Chairman of AudioEye, reports acquisition of shares as part of salary and disposition of shares for tax withholding.

Summary

• On October 31, 2024, Carr Bettis, the Executive Chairman of AudioEye, Inc., acquired 772 shares of common stock as part of his base salary.
• On the same day, Bettis disposed of 304 shares of common stock to cover withholding taxes related to the salary-based stock issuance.
• Following these transactions, Bettis directly owns 451,214 shares of AudioEye common stock.
• Bettis is also deemed a beneficial owner of 425,045 shares held by CSB IV US Holdings LLC and 18,600 shares held in his IRA.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

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

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and ownership.

Key Dates