Form 4: Carmell Corp Director Kathryn Gregory Reports Stock Purchases
SEC Form 4 Filing
Director Kathryn Gregory reports purchases of Carmell Corp stock through Carmell Insiders LLC.
Summary
- Kathryn Gregory, a director of Carmell Corp, filed a Form 4 disclosing changes in beneficial ownership.
- On August 23, 2024, she acquired 2,413 shares of common stock at $0.72 per share through Carmell Insiders LLC.
- On August 26, 2024, she acquired another 2,413 shares of common stock at $0.72 per share through Carmell Insiders LLC.
- Following these transactions, she indirectly owns 16,981 shares through Carmell Insiders LLC.
- She also directly owns 60,974 shares of common stock that may be acquired pursuant to the exercise of stock options within 60 days of August 26, 2024.
- The total amount invested in the LLC by its members was $130,750 as of the date of this filing.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. Insider buying is generally a good sign, but the amounts are relatively small and done through an LLC, which dilutes the signal.
Positives
- Director's purchase of shares may signal confidence in the company's future prospects.
- The formation of Carmell Insiders LLC allows directors to invest in the company while adhering to insider trading policies.
Industry Context
Insider buying is often seen as a positive sign, suggesting that those with the most knowledge of the company believe its stock is undervalued.
Stakeholder Impact
- The stock purchases could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/23/2024 | Kathryn Gregory acquired 2,413 shares of common stock at $0.72 per share through Carmell Insiders LLC. |
| 08/26/2024 | Kathryn Gregory acquired 2,413 shares of common stock at $0.72 per share through Carmell Insiders LLC. |
| 08/26/2024 | Date of the Form 4 filing. |
Keywords
Form 4, insider trading, beneficial ownership, stock purchase, Carmell Corp, CTCX, Kathryn Gregory, Carmell Insiders LLC, director
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