Form 4: Castellum Inc. Director Jay O. Wright Sells Shares
SEC Form 4
Jay O. Wright, a director, officer, and 10% owner of Castellum, Inc., sold a significant number of common stock shares on March 5th and 6th, 2025.
Summary
- On March 5, 2025, Jay O. Wright sold 365,000 shares of Castellum, Inc. common stock at a price of $1.47 per share.
- On March 6, 2025, Wright sold an additional 135,000 shares at $1.34 per share.
- Following these transactions, Wright still beneficially owns 9,523,673 shares of Castellum, Inc. common stock.
Sentiment
Score: 4
Explanation: The sentiment is neutral to slightly negative. A director selling a significant number of shares can sometimes be interpreted negatively by the market, but without further context, it's difficult to assess the full impact. The director still holds a substantial number of shares.
Stakeholder Impact
- Shareholders may react to the news of a director selling a significant number of shares.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | Jay O. Wright sold 365,000 shares of common stock at $1.47 per share. |
| 03/06/2025 | Jay O. Wright sold 135,000 shares of common stock at $1.34 per share. |
| 03/07/2025 | Date of signature for the Form 4 filing. |
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