Form 4: Glimpse Group CEO Lyron Bentovim Acquires Shares, Disposes of Others in Recent Transaction

Glimpse Group's CEO, Lyron Bentovim, acquired 10,634 shares and disposed of 62,606 shares of common stock on December 11, 2024.

Summary

• Lyron Bentovim, the President and CEO of Glimpse Group, Inc., engaged in a transaction involving the company's common stock on December 11, 2024.
• He acquired 10,634 shares at an average price of $1.15 per share.
• Concurrently, he disposed of 62,606 shares.
• Following these transactions, Mr. Bentovim's direct ownership of common stock is not explicitly stated, but he indirectly holds 1,001,945 shares through Darklight Partners LLC.
• The indirect holdings were not affected by the reported transaction.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This is a standard SEC Form 4 filing, which is common for company insiders reporting changes in their beneficial ownership of company stock. It is a routine disclosure and does not indicate any specific trend in the industry.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for publicly traded companies in the United States.
• The transactions reported are typical for executives and directors who may buy or sell shares for various reasons, including personal portfolio management or exercising stock options.
• The level of detail provided is consistent with SEC requirements for insider trading disclosures.

Stakeholder Impact

• The transaction may have a minor impact on shareholder sentiment, as insider transactions are often scrutinized by investors.
• The overall impact is likely to be minimal given the relatively small number of shares involved compared to the total outstanding shares.

Key Dates

Keywords

Glimpse Group, Lyron Bentovim, stock transaction, insider trading, common stock, Darklight Partners LLC, VRAR