Form 4: Dakota Gold Corp. SVP & CAO Malone Reports Stock Sale
SEC Form 4 Filing
Patrick Shay Malone, SVP & CAO of Dakota Gold Corp., reports selling 27,000 shares of common stock at $2.45 per share on July 11, 2024.
Summary
- On July 11, 2024, Patrick Shay Malone, the SVP & CAO of Dakota Gold Corp., sold 27,000 shares of the company's common stock.
- The sale price was $2.45 per share.
- Following the transaction, Malone directly owns 228,846 shares of Dakota Gold Corp.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The stock sale by an executive could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Date of stock sale transaction |
| 07/15/2024 | Date of signature on the Form 4 filing |
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