Form 4: Glimpse Group CEO Lyron Bentovim Reports Stock Acquisition
SEC Form 4 Filing
Lyron Bentovim, CEO of Glimpse Group, reports acquiring 1,780 shares of common stock at $1.07 per share on May 24, 2024.
Summary
- On May 24, 2024, Lyron L. Bentovim, the President and CEO of Glimpse Group, Inc. acquired 1,780 shares of common stock at a price of $1.07 per share.
- Following this transaction, Mr. Bentovim directly owns 44,873 shares of Glimpse Group's common stock.
- Mr. Bentovim also indirectly owns 1,001,945 shares through Darklight Partners LLC, an entity he owns and manages.
Sentiment
Score: 6
Explanation: Neutral sentiment. The document simply reports a transaction. The CEO buying shares is generally a positive sign, but without more context, it's difficult to gauge the overall impact.
Positives
- The CEO's purchase of shares could be interpreted as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider trading regulations. It provides transparency into the transactions of company insiders, allowing investors to monitor their activity and potentially gain insights into their perspectives on the company's value and future prospects.
Stakeholder Impact
- The stock acquisition by the CEO may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/24/2024 | Date of stock acquisition by Lyron Bentovim |
| 05/28/2024 | Date of signature on the Form 4 filing |
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