Form 4: Gryphon Digital Mining Director Steven Gutterman Reports Share Transactions
SEC Form 4 Filing
Director Steven Gutterman reports acquisition and disposal of Gryphon Digital Mining (GRYP) common stock on August 26, 2024.
Summary
- On August 26, 2024, Steven Gutterman, a director of Gryphon Digital Mining, Inc. (GRYP), reported acquiring 14,035 shares of common stock at $0 and disposing of 28,070 shares.
- Following these transactions, Gutterman directly owns 42,105 shares of GRYP common stock.
- The acquisition of 14,035 shares represents shares issuable upon settlement of Restricted Stock Units (RSUs) that vest in equal installments on February 12, 2025, August 12, 2025, and February 12, 2026, contingent upon continued service with the issuer.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The reported transactions do not provide a future outlook for the company.
Industry Context
This filing is a routine disclosure related to insider trading and is a normal part of regulatory compliance for publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of stock acquisition and disposal transactions. |
| 08/28/2024 | Date of signature on the Form 4 filing. |
| 02/12/2025 | First vesting date for Restricted Stock Units. |
| 08/12/2025 | Second vesting date for Restricted Stock Units. |
| 02/12/2026 | Third vesting date for Restricted Stock Units. |
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