Form 4: Gryphon Digital Mining Director Steven Gutterman Reports Stock Sale
SEC Form 4
Director Steven Gutterman of Gryphon Digital Mining, Inc. reports selling 14,035 shares of common stock at a weighted average price of $1.26 on April 4, 2024.
Summary
- On April 4, 2024, Steven D. Gutterman, a director of Gryphon Digital Mining, Inc. (GRYP), sold 14,035 shares of common stock.
- The sale was executed at a weighted average price of $1.26 per share.
- Following the transaction, Gutterman directly owns 14,035 shares of common stock.
- Gutterman also indirectly owns 56,140 shares of common stock issuable upon settlement of Restricted Stock Units (RSUs) that vest over time.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock sale by a company director. It doesn't inherently convey 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 stock sale may have a minor impact on shareholders, depending on the overall market perception of the transaction.
Key Dates
| Date | Description |
|---|---|
| 04/04/2024 | Date of stock sale transaction |
| 04/08/2024 | Date of signature on the Form 4 |
| August 12, 2024 | First vesting date for Restricted Stock Units |
| February 12, 2025 | Second vesting date for Restricted Stock Units |
| August 12, 2025 | Third vesting date for Restricted Stock Units |
| February 12, 2026 | Final vesting date for Restricted Stock Units |
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