Form 4: Data443 Risk Mitigation CEO Acquires 3 Million Shares at $0.01 Each
SEC Form 4
Jason L M Remillard, Chairman and CEO of Data443 Risk Mitigation, Inc., acquired 3,000,000 shares of common stock at a price of $0.01 per share on February 5, 2025.
Summary
- On February 5, 2025, Jason L M Remillard, the Chairman and CEO of Data443 Risk Mitigation, Inc., acquired 3,000,000 shares of the company's common stock.
- The purchase price was $0.01 per share.
- Following the transaction, Remillard directly owns 3,446,719 shares of Data443 Risk Mitigation, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. While insider buying can be positive, the low price per share ($0.01) warrants caution and further investigation into the company's financial health.
Positives
- The CEO's purchase of a significant number of shares could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
This type of filing is standard for corporate insiders who trade in their company's stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- Shareholders may view the CEO's purchase as a positive signal, but the low price per share may raise concerns.
Key Dates
| Date | Description |
|---|---|
| 02/05/2024 | Date of Earliest Transaction |
| 02/05/2025 | Transaction Date: Acquisition of 3,000,000 shares |
| 02/13/2025 | Date of signature on the Form 4 |
Keywords
Data443 Risk Mitigation, Jason Remillard, stock acquisition, Form 4, beneficial ownership, ATDS, CEO
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