Form 4: Flux Power Holdings Director Michael Johnson Sells Shares

Michael Johnson, a director and 10% owner of Flux Power Holdings, sold 134,623 shares of common stock at an average price of $2.9824 on June 12, 2024.

Summary

• On June 12, 2024, Michael Johnson, a director and 10% owner of Flux Power Holdings, sold 134,623 shares of common stock.
• The shares were sold at a weighted average price of $2.9824, with individual transaction prices ranging from $2.98 to $3.09.
• The sale was conducted in the open market.
• Following the transaction, Johnson directly owns 39,254 shares and indirectly owns 4,148,680 shares through Esenjay Investments, LLC.
• Esenjay Investments, LLC, of which Michael Johnson is the sole director and beneficial owner, directly held the sold securities.

Sentiment

Score: 5

Explanation: Neutral sentiment. This is a standard disclosure of a stock sale by a director. The size of the sale is not significant enough to indicate strong negative sentiment, but it doesn't suggest positive sentiment either.

Industry Context

This transaction is a routine disclosure of insider trading activity. It's important to monitor such filings to understand the sentiment of company insiders regarding the stock's valuation and future prospects.

Stakeholder Impact

• The sale of shares by a director could potentially create uncertainty among shareholders.

Key Dates