Form 4: Gryphon Digital Mining Director Steven Gutterman Reports Stock Sale

Sentiment:

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

DateDescription
04/04/2024Date of stock sale transaction
04/08/2024Date of signature on the Form 4
August 12, 2024First vesting date for Restricted Stock Units
February 12, 2025Second vesting date for Restricted Stock Units
August 12, 2025Third vesting date for Restricted Stock Units
February 12, 2026Final vesting date for Restricted Stock Units

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