4/A: Brand Engagement Network Inc.: Executive Tyler J. Luck Amends Form 4 to Correct Stock Grant Details
SEC Filing (Form 4 Amendment)
Tyler J. Luck, Chief Product Officer at Brand Engagement Network Inc., files an amended Form 4 to correct the details of previously reported restricted stock grants.
Summary
- Tyler J. Luck, Chief Product Officer of Brand Engagement Network Inc. and a director and 10% owner, amended his Form 4 filing on March 7, 2025, to correct information regarding restricted stock grants.
- The amendment clarifies that the grant previously reported on January 16, 2025, as occurring on December 31, 2024, was actually two separate grants.
- On January 2, 2025, Mr. Luck acquired 6,258 shares of common stock at $0.00 per share, and on January 8, 2025, he acquired 7,927 shares at $0.00 per share, both pursuant to the company's 2023 Long-Term Incentive Plan.
- Following these transactions, Mr. Luck directly owns 14,185 shares of common stock.
- October 3rd Holdings, LLC, where Mr. Luck is the managing member, indirectly holds 8,765,568 shares.
- Mr. Luck disclaims beneficial ownership of the shares held by October 3rd Holdings, LLC, except to the extent of his pecuniary interest.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing correcting previously reported information. It doesn't inherently convey positive or negative sentiment, but accuracy in reporting is generally viewed favorably.
Positives
- The grants are part of the Brand Engagement Network Inc. 2023 Long-Term Incentive Plan, suggesting a commitment to incentivizing key personnel.
Industry Context
This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of Earliest Transaction |
| 12/31/2024 | Original date of grant, later corrected |
| 01/02/2025 | Date of first corrected stock grant (6,258 shares) |
| 01/08/2025 | Date of second corrected stock grant (7,927 shares) |
| 01/16/2025 | Date of original Form 4 filing |
| 03/07/2025 | Date of amended Form 4 filing |
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