Form 4: Bolt Projects Holdings President Cintia Nardi Sells Shares in Multiple Transactions

Sentiment:

SEC Filing Form 4


Cintia Nardi, President of Bolt Projects Holdings, Inc., reports selling shares of common stock in a series of transactions from May 14 to May 16, 2025.

Summary

  • Cintia Nardi, the President of Bolt Projects Holdings, Inc., filed a Form 4 detailing changes in beneficial ownership.
  • Nardi sold shares of common stock in three separate transactions between May 14 and May 16, 2025.
  • On May 14, 2025, she sold 1,102 shares at a price of $6.31 per share, leaving her with 10,252 shares.
  • On May 15, 2025, she sold 1,219 shares at a weighted average price of $6.10 per share, reducing her holdings to 9,033 shares.
  • On May 16, 2025, she sold 2,406 shares at a weighted average price of $5.57 per share, resulting in a final holding of 6,627 shares.
  • The reported share counts have been adjusted to reflect a 1-for-20 reverse stock split that occurred on April 21, 2025.

Sentiment

Score: 4

Explanation: The sentiment is neutral to slightly negative. The president is selling shares, which could be interpreted negatively, but without further context, it's difficult to assess the full impact. The weighted average price decreasing over the three days is also a slightly negative signal.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Key Dates

DateDescription
04/21/2025Issuer effected a 1-for-20 reverse stock split.
05/14/2025Date of earliest transaction; sale of 1,102 shares at $6.31.
05/15/2025Sale of 1,219 shares at a weighted average price of $6.10.
05/16/2025Sale of 2,406 shares at a weighted average price of $5.57.

Keywords

Form 4, Beneficial Ownership, Stock Sale, Bolt Projects Holdings, BLSK, Cintia Nardi

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