Form 4: Blackboxstocks Director Reid Charles Keller Reports Transactions in Company Stock
SEC Form 4 Filing
Director Reid Charles Keller reports acquisition and disposal of Blackboxstocks Inc. common stock and options.
Summary
- On February 11, 2025, Reid Charles Keller, a director of Blackboxstocks Inc. (BLBX), reported transactions involving the company's securities.
- Keller acquired 8,671 shares of common stock at $0 and disposed of 21,298 shares.
- Following these transactions, Keller directly owns 21,298 shares.
- Keller also acquired 5,000 common stock options with an exercise price of $3.46.
- These options are exercisable for ten years and vest in 25% increments on March 31, 2025, June 30, 2025, September 30, 2025, and December 31, 2025.
- After the transaction, Keller holds 6,250 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The information is used by investors to gauge the sentiment of company leadership.
Stakeholder Impact
- Shareholders may use this information to assess the director's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of the reported transactions (acquisition and disposal of common stock and acquisition of stock options). |
| 02/12/2025 | Date of signature on the Form 4 filing. |
| 03/31/2025 | First vesting date for 25% of the acquired stock options. |
| 06/30/2025 | Second vesting date for 25% of the acquired stock options. |
| 09/30/2025 | Third vesting date for 25% of the acquired stock options. |
| 12/31/2025 | Final vesting date for 25% of the acquired stock options. |
Keywords
Form 4, Blackboxstocks Inc., BLBX, Director, Reid Charles Keller, Stock Options, Common Stock, Securities Transaction, Beneficial Ownership
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.