Form 4: Castellum Inc. Director Jay O. Wright Reports Acquisition of Common Stock
SEC Form 4 Filing
Jay O. Wright, a director, officer, and 10% owner of Castellum, Inc., reported the acquisition of 124,220 shares of common stock through open market purchases.
Summary
- On June 20, 2024, Jay O. Wright acquired 80,610 shares of Castellum, Inc. common stock at a price of $0.182 per share.
- On June 21, 2024, Wright acquired an additional 43,610 shares at $0.183 per share.
- Following these transactions, Wright directly owns 9,534,932 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. Insider buying can be seen as a positive signal, but without additional context, it's difficult to gauge the overall impact.
Positives
- The 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.
Stakeholder Impact
- Shareholders may view the director's stock purchase as a positive sign.
Key Dates
| Date | Description |
|---|---|
| 06/20/2024 | Acquisition of 80,610 shares of common stock at $0.182 per share. |
| 06/21/2024 | Acquisition of 43,610 shares of common stock at $0.183 per share. |
| 06/24/2024 | Date of signature for the Form 4 filing. |
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