4/A: Galaxy Gaming Director Amends Filing to Correct Stock Ownership
SEC Filing Amendment
Meredith B. Brill, a director at Galaxy Gaming, files an amendment to a previous Form 4 to correct an overstatement of common stock shares owned.
Summary
- Meredith B. Brill, a director of Galaxy Gaming, Inc., filed an amended Form 4 with the SEC.
- The amendment corrects a previous filing from April 2, 2024, which overstated the number of shares owned.
- The error stemmed from the transaction on March 29, 2024, being entered twice in the issuer records.
- As a result of the correction, the reporting person directly owns 110,855 shares of common stock.
- The original transaction involved the acquisition of 8,226 shares at a price of $1.33 per share.
Sentiment
Score: 7
Explanation: The document is a routine correction of a filing, indicating a neutral sentiment. The correction ensures accurate reporting, which is a positive for transparency.
Negatives
- The original Form 4 filing contained an error, overstating the number of shares owned by the reporting person.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.
Stakeholder Impact
- The correction of the filing ensures that shareholders and the public have accurate information regarding insider ownership of Galaxy Gaming stock.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of the transaction that was incorrectly entered twice. |
| 04/02/2024 | Date of the original Form 4 filing that contained the error. |
| 04/03/2024 | Date of the amended Form 4/A filing. |
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