4/A: Galaxy Gaming Director Amends Filing to Correct Stock Ownership

Sentiment:

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

DateDescription
03/29/2024Date of the transaction that was incorrectly entered twice.
04/02/2024Date of the original Form 4 filing that contained the error.
04/03/2024Date of the amended Form 4/A filing.

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