4/A: Innovative Eyewear Inc: Insider Trading Activity by Galkin and Associated Trust
SEC Form 4/A
Vladimir Galkin, Angelica Galkin, and the Angelica Galkin Revocable Trust report changes in beneficial ownership of Innovative Eyewear Inc. stock through a series of purchases and sales on September 17, 2024.
Summary
- This Form 4/A filing reports changes in beneficial ownership of Innovative Eyewear Inc. (LUCY) stock by Vladimir Galkin, Angelica Galkin, and the Angelica Galkin Revocable Trust.
- The transactions occurred on September 17, 2024, and involved both purchases and sales of common stock.
- Vladimir Galkin is a director and 10% owner of Innovative Eyewear Inc.
- Angelica Galkin is also a director and 10% owner, and the sole trustee and beneficiary of the Angelica Galkin Revocable Trust, which directly holds the shares.
- The filing amends a previous Form 4 filed on September 24, 2024, to include the omitted names and addresses of Angelica Galkin and The Angelica Galkin Revocable Trust as Reporting Persons.
- Purchases were made at prices ranging from $6.19 to $7.77 per share.
- Sales were made at prices ranging from $6.66 to $8.10 per share.
- After these transactions, the Angelica Galkin Revocable Trust indirectly holds 420,000 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Risks
- Insider trading activity, even if legal, can sometimes be perceived negatively by investors.
- Fluctuations in stock ownership by major shareholders could create uncertainty in the market.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the trading activities of insiders. This filing is specific to Innovative Eyewear Inc. and its major shareholders.
Stakeholder Impact
- Shareholders may be interested in the insider trading activity as an indicator of management's view of the company's prospects.
- The filing ensures transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 2018-04-21 | Date of Angelica Galkin Revocable Trust |
| 2024-09-17 | Date of transactions (purchases and sales) |
| 2024-09-24 | Date of original Form 4 filing |
| 2024-09-26 | Date of Form 4/A amendment filing |
Keywords
Form 4, Insider Trading, Beneficial Ownership, Innovative Eyewear Inc, LUCY, Galkin, Angelica Galkin Revocable Trust, Common Stock, Securities Exchange Act
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