Form 4: Carmell Corp Director Scott M. Frisch Reports Acquisition of Common Stock

Director Scott M. Frisch reports the acquisition of common stock through Carmell Insiders LLC and direct ownership of shares exercisable via stock options.

Summary

• On August 30, 2024, Scott M. Frisch, a director of Carmell Corp, reported acquiring 87 shares of common stock at $0.57 per share through Carmell Insiders LLC.
• Frisch's indirect ownership through Carmell Insiders LLC amounts to 6,589 shares.
• Frisch also directly owns 19,220 shares of common stock that can be acquired through the exercise of stock options within 60 days of the filing date.
• The total amount invested in the LLC by its members was $130,750 as of the date of this filing.
• The five members of the LLC and their respective percentage interest in it are as follows: David Anderson (19.1%), Scott Frisch (15.3%), Kathryn Gregory (26.4%), Gilles Spenlehauer (15.3%), and Patrick Sturgeon (23.9%).

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard insider transaction report. The director's purchase could be seen as a slightly positive signal, but it's not a major event.

Positives

• Director's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.

Stakeholder Impact

• The transaction provides shareholders with insight into the director's investment activity.

Key Dates

Keywords

Form 4, insider trading, beneficial ownership, Carmell Corp, CTCX, Scott M. Frisch, common stock, stock options, Carmell Insiders LLC