Form 4: Castellum Inc. Director Jay O. Wright Acquires 61,597 Shares

Jay O. Wright, a director, officer, and 10% owner of Castellum, Inc., purchased 61,597 shares of common stock at $0.164 per share on August 29, 2024.

Summary

• On August 29, 2024, Jay O. Wright, a director, officer, and 10% owner of Castellum, Inc., acquired 61,597 shares of the company's common stock.
• The purchase price was $0.164 per share.
• Following the transaction, Wright directly owns 9,809,672 shares of Castellum, Inc.
• This total includes 1,400 shares owned by his daughter, Corinne Wright, and 1,400 shares owned by his son, Theodore Wright.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine insider transaction. The purchase could be seen as a positive signal, but without more context, it's difficult to gauge the overall impact.

Positives

• A director's purchase of shares can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates