Form 4: CalEthos CEO Michael Campbell Reports Sale of 100,000 Shares

CalEthos CEO Michael Campbell reports the sale of 100,000 shares of common stock at $0.50 per share on October 15, 2024.

Summary

• Michael Campbell, CEO of CalEthos, Inc. reported a transaction involving the company's common stock on October 15, 2024.
• He sold 100,000 shares at a price of $0.50 per share.
• Following the transaction, Campbell directly owns 4,545,801 employee stock options and 5,045,801 board of director options.
• He also indirectly owns 8,854,199 shares through M1 Advisors LLC, but disclaims beneficial ownership except to the extent of his pecuniary interests.
• Campbell also indirectly owns 3,545,801 warrants through M1 Advisors LLC, but disclaims beneficial ownership except to the extent of his pecuniary interests.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to the CEO selling shares, which could indicate a lack of confidence in the company's future performance, but it's a relatively small transaction.

Negatives

• The CEO's sale of 100,000 shares could be interpreted negatively by investors.

Risks

• The sale of shares by a key executive could create uncertainty among investors.

Management Comments

• The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interests.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into insider transactions.

Key Dates