Form 4: CalEthos Director Steve Shum Reports Gift of Shares and Indirect Ownership
SEC Form 4 Filing
Director Steve Shum reports a gift of 35,000 common stock shares and clarifies indirect ownership through Core Fund Management LLC.
Summary
- On January 24, 2025, Director Steve Shum reported a transaction involving CalEthos, Inc. common stock.
- The transaction involved a gift of 35,000 shares.
- Following the transaction, Shum directly owns 165,665 shares and indirectly owns 161,010 shares through Core Fund Management LLC.
- Shum disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions.
Stakeholder Impact
- Shareholders are informed about the director's stock transactions, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| 01/24/2025 | Date of transaction (gift of shares) |
| 04/01/2025 | Date of report filing |
Keywords
Form 4, Beneficial Ownership, GEDC, CalEthos, Steve Shum, Director, Insider Trading
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