Form 4: IIOT-OXYS CEO Clifford Emmons Reports Acquisition of 2,500,000 Shares
SEC Form 4
CEO Clifford Emmons reports acquiring 2,500,000 shares of IIOT-OXYS, Inc. (ITOX) common stock on April 1, 2024, pursuant to a consulting agreement.
Summary
- Clifford L Emmons, CEO of IIOT-OXYS, Inc. (ITOX), filed a Form 4 on April 5, 2024, reporting a transaction.
- On April 1, 2024, Mr. Emmons acquired 2,500,000 shares of common stock.
- These shares vested pursuant to a consulting agreement.
- Following the transaction, Mr. Emmons beneficially owns 6,280,500 shares.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard reporting of stock acquisition due to a consulting agreement. The increase in ownership could be seen as slightly positive, but it's not a major market-moving event.
Positives
- The CEO's increased stake in the company could signal confidence in its future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders may view the CEO's increased ownership as a positive sign.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: 2,500,000 shares vested pursuant to a Consulting Agreement |
| 04/05/2024 | Date of Form 4 filing |
Keywords
Form 4, IIOT-OXYS, ITOX, Clifford Emmons, Beneficial Ownership, Stock Acquisition, CEO, Consulting Agreement, Shares
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.