4/A: Golden Matrix Group Director Thomas McChesney Amends SEC Filing to Correct Share Transaction Details

Thomas McChesney, a director at Golden Matrix Group, Inc., filed an amended SEC Form 4 to correct administrative errors related to share sales and option exercises that occurred in late March 2025.

Summary

• Thomas McChesney, a director of Golden Matrix Group, Inc., filed an amendment to a previously submitted SEC Form 4.
• The amendment corrects errors in the original filing related to transactions that occurred on March 26, 2025, March 27, 2025 and March 28, 2025.
• The corrected filing includes details of common stock sales, option exercises, and the resulting adjustments to the director's beneficial ownership.
• On March 26, 2025, McChesney sold 7,500 shares at an average price of $2.12, exercised options to acquire 60,000 shares at $0.795, and had 22,187 shares withheld for option exercise payment at $2.15.
• On March 27, 2025, McChesney sold 257 shares at an average price of $2.13.
• On March 28, 2025, McChesney sold 4,743 shares at an average price of $2.05.
• Following these transactions, McChesney directly owns 304,710 shares of Golden Matrix Group, Inc.

Sentiment

Score: 5

Explanation: The document is a factual report of stock transactions. There is no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a director.
• The transactions are unlikely to significantly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

SEC Form 4, insider trading, stock options, share sales, beneficial ownership, GMGI, Golden Matrix Group, Thomas McChesney, director