Form 4: Contango ORE Director John B. Juneau Acquires Shares in Multiple Transactions
SEC Form 4 Filing
Director John B. Juneau acquired 11,257 shares of Contango ORE, Inc. common stock on December 4, 2024, at prices ranging from $12.00 to $12.25.
Summary
- John B. Juneau, a director of Contango ORE, Inc., acquired 11,257 shares of common stock on December 4, 2024.
- The shares were purchased in multiple transactions at prices ranging from $12.00 to $12.25 per share, with a weighted average price of $12.16.
- Following the transaction, Mr. Juneau directly owns 296,120 shares and indirectly owns 291,431 shares through various entities.
- The shares were acquired to cover tax obligations related to the vesting of restricted stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction, with no indication of positive or negative sentiment.
Industry Context
This is a standard SEC Form 4 filing, which is common when company insiders trade shares. It provides transparency into the transactions of company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
- The reported transaction is typical for directors who receive stock-based compensation and need to cover tax obligations.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 12/04/2024 | Date of the share acquisition by John B. Juneau. |
Keywords
Contango ORE, insider trading, share acquisition, Form 4, John B. Juneau, director, stock purchase
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