Form 4: Everything Blockchain Inc. Director Michael Hawkins Disposes of Shares

Director Michael Hawkins reports the disposal of Series A Preferred Stock and Common Stock of Everything Blockchain, Inc. through Epic Industry Corp.

Summary

• On December 31, 2024, Michael Hawkins, a director of Everything Blockchain, Inc. (EBZT), reported the disposal of securities.
• Hawkins disposed of 150,000 shares of Series A Preferred Stock at a price of $100.
• He also disposed of 2,059,078 shares of Common Stock at a price of $250.
• The transactions were executed through Epic Industry Corp., which is wholly owned by Michael Hawkins.
• Following the reported transactions, Hawkins continues to beneficially own 357,500 shares of Common Stock indirectly.

Sentiment

Score: 3

Explanation: The sentiment is negative due to the disposal of a significant number of shares by a director, which could indicate a lack of confidence in the company's future.

Negatives

• A director has disposed of a significant number of shares, which could be perceived negatively by investors.

Risks

• The disposal of a large number of shares by a director could indicate a lack of confidence in the company's future prospects.
• The market may react negatively to the news of the share disposal.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities. The disposal of shares by a director is a notable event that investors often monitor closely.

Related Party Transactions

• The transactions were executed through Epic Industry Corp., which is 100% owned by Michael Hawkins, indicating a related party transaction.

Stakeholder Impact

• Shareholders may react negatively to the news of the share disposal, potentially leading to a decrease in the stock price.

Key Dates

Keywords

Everything Blockchain, EBZT, Michael Hawkins, share disposal, Form 4, director, Epic Industry Corp, Series A Preferred Stock, Common Stock