Form 4: BLBX CTO Charles Smith Sells Shares

Blackboxstocks Chief Technology Officer Charles Brandon Smith reported the sale of 9,167 shares of common stock for $9.0751 per share, totaling approximately $83,190, effective October 23, 2025.

Summary

• Charles Brandon Smith, Chief Technology Officer of BLACKBOXSTOCKS INC. (BLBX), reported a transaction involving the sale of common stock.
• The transaction date for the sale is October 23, 2025.
• A total of 9,167 shares of common stock, with a par value of $0.001, were disposed of.
• The shares were sold at a price of $9.0751 per share.
• The total value of the shares sold is approximately $83,190.00.
• Following this transaction, Charles Brandon Smith beneficially owns 27,513 shares of common stock.
• The transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The filing reports a pre-planned sale of shares by a company officer, which is a routine disclosure and does not inherently indicate a change in company fundamentals or outlook. The transaction is under a Rule 10b5-1 plan, which mitigates potential negative interpretations.

Negatives

• An officer selling shares, even if pre-planned, can sometimes be perceived as a lack of confidence by some investors, though this is mitigated by the Rule 10b5-1 plan.

Risks

• Potential for negative market perception if investors misinterpret the routine nature of a Rule 10b5-1 planned sale as a signal of declining company prospects or insider bearishness.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This filing reports a routine insider transaction and does not provide information that directly relates to broader industry trends or competitive landscape analysis.

Stakeholder Impact

• Shareholders: May note a reduction in insider ownership, though the pre-planned nature of the sale under Rule 10b5-1(c) typically lessens concerns about its implications for company performance or future prospects.

Key Dates

Keywords

BLBX, Blackboxstocks, insider trading, Form 4, stock sale, CTO, Charles Smith, Rule 10b5-1