Form 4: Dakota Gold Corp. CEO Jonathan Awde Gifts 400,000 Shares
SEC Form 4 Filing
Dakota Gold Corp.'s President and CEO, Jonathan T. Awde, reported gifting 400,000 shares of common stock.
Summary
- Jonathan T. Awde, President & CEO of Dakota Gold Corp., filed a Form 4 indicating changes in beneficial ownership.
- On July 25, 2024, Awde gifted 400,000 shares of Dakota Gold Corp. common stock.
- The transaction was a bona fide gift, with a disposition price of $0.
- Following the transaction, Awde directly owns 244,731 shares of common stock.
- Awde indirectly owns 5,034,877 shares through GPO Holdings Corp., an entity 100% owned by him.
- He also indirectly owns 180,377 shares through his spouse and 216,453 shares through trusts for the benefit of his children.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a gift of shares. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The gift of shares by the CEO could be perceived in various ways by stakeholders, but the impact is likely minimal as it's a personal transaction.
Key Dates
| Date | Description |
|---|---|
| 07/25/2024 | Date of the gift transaction |
| 07/29/2024 | Date of signature on the Form 4 filing |
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