Form 4: Brand Engagement Network Inc. Director Acquires Shares
SEC Form 4
Tyler J. Luck, Chief Product Officer and Director of Brand Engagement Network Inc., reports acquisition of 8,672,235 shares of common stock through October 3rd Holdings, LLC.
Summary
- Tyler J. Luck, a director and Chief Product Officer of Brand Engagement Network Inc. (BNAI), filed a Form 4 indicating a change in beneficial ownership.
- On March 14, 2024, Luck acquired 8,672,235 shares of common stock.
- The shares were acquired indirectly through October 3rd Holdings, LLC, where Luck serves as the managing member.
- The price per share was $0.
- Following the transaction, Luck beneficially owns 8,672,235 shares through October 3rd Holdings, LLC.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting a transaction. The sentiment is neither positive nor negative without further context.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a change in ownership by a key executive, which may be of interest to investors.
Stakeholder Impact
- The change in beneficial ownership may be of interest to shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of transaction: Acquisition of 8,672,235 shares of common stock. |
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