Form 4: Castellum Inc. Director Jay O. Wright Acquires Shares in Open Market
SEC Filing Form 4
Jay O. Wright, a director, officer, and 10% owner of Castellum, Inc., purchased 97,903 shares of common stock at $0.163 per share on August 28, 2024.
Summary
- On August 28, 2024, Jay O. Wright, a director, officer, and 10% owner of Castellum, Inc., acquired 97,903 shares of common stock.
- The purchase price was $0.163 per share.
- Following the transaction, Wright directly owns 9,748,075 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: 5
Explanation: Neutral sentiment as it's a standard regulatory filing detailing a share purchase. The purchase itself could be seen as mildly positive, but the filing is primarily informational.
Positives
- A director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for publicly traded companies and their insiders. They provide transparency into the buying and selling activities of company directors and officers.
Stakeholder Impact
- The transaction could potentially influence investor sentiment regarding Castellum, Inc.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of transaction: Jay O. Wright purchased 97,903 shares of common stock. |
| 08/29/2024 | Date of signature on the Form 4 filing. |
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