Form 4: Castellum Inc. Director Jay O. Wright Reports Stock Disposals
SEC Form 4 Filing
Jay O. Wright, a director at Castellum Inc., reported disposing of shares of common stock through a donation and a sale on May 19, 2025.
Summary
- On May 19, 2025, Jay O. Wright, a director, General Counsel, Secretary, and EVP Strategy at Castellum, Inc., disposed of shares of common stock.
- He donated 240,600 shares to a public charity in exchange for a charitable gift annuity at a price of $1.04 per share.
- Wright also sold 259,400 shares at a price of $1.07 per share.
- Following these transactions, Wright beneficially owns 9,023,673 shares of Castellum, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- Shareholders may interpret the stock disposal as a signal, although the donation to charity may mitigate negative perceptions.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of stock donation and sale transactions. |
| 05/20/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Disposal, Castellum Inc., CTM, Jay O. Wright, Director, Share Donation, Stock Sale
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