Form 4: Blue Star Foods Corp. Director Acquires 1,440,000 Shares of Common Stock

Director Jeffrey J. Guzy acquired 1,440,000 shares of Blue Star Foods Corp. common stock at $0.125 per share on January 14, 2025, as compensation for serving as a director.

Summary

• On January 14, 2025, Jeffrey J. Guzy, a director of Blue Star Foods Corp., acquired 1,440,000 shares of common stock.
• The shares were acquired at a price of $0.125 per share.
• This acquisition was made in accordance with the terms of the Blue Star Foods Corp. Director Service Agreement dated December 19, 2024.
• The shares were issued to Jeffrey Guzy for his service as a director of the company.
• Following the transaction, Jeffrey Guzy directly owns 1,448,177 shares of Blue Star Foods Corp. common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a standard compensation practice for a director. The acquisition itself doesn't inherently indicate positive or negative performance.

Positives

• A director's increased stake in the company may signal confidence in its future prospects.

Industry Context

This type of transaction is common for compensating board members, aligning their interests with those of shareholders.

Related Party Transactions

• The issuance of shares to Jeffrey Guzy as compensation for serving as a director is a related party transaction.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates