Form 4: AudioEye Executive Chairman Sells Shares
SEC Form 4
Carr Bettis, Executive Chairman of AudioEye, Inc., sold 7,330 shares of common stock at a price of $20.463 on June 12, 2024.
Summary
- On June 12, 2024, Carr Bettis, the Executive Chairman of AudioEye, Inc., sold 7,330 shares of the company's common stock.
- The sale price was $20.463 per share.
- Following the transaction, Bettis directly owns 448,777 shares.
- Bettis is also deemed a beneficial owner of 425,045 shares held by CSB IV US Holdings LLC and 18,600 shares held in a Carr Bettis IRA.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a transaction. The sentiment is neither positive nor negative as it simply reports a sale of shares by an executive.
Industry Context
This is a standard SEC Form 4 filing, which is required when an insider of a publicly traded company buys or sells the company's securities. It provides transparency into the transactions of company executives and directors.
Stakeholder Impact
- The sale of shares by a high-ranking executive could potentially create uncertainty among shareholders, although the impact is likely to be minimal given the relatively small number of shares sold compared to the total outstanding.
Key Dates
| Date | Description |
|---|---|
| 06/12/2024 | Date of transaction: Carr Bettis sold shares of AudioEye common stock. |
| 06/14/2024 | Date of signature of the Form 4 filing. |
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