4/A: Innovative Eyewear Inc: Insider Vladimir Galkin Amends Filing to Include Additional Reporting Persons After Share Purchases and Sales

Sentiment:

SEC Form 4/A Amendment


Vladimir Galkin amends a previous SEC Form 4 filing to include Angelica Galkin and The Angelica Galkin Revocable Trust as reporting persons, disclosing multiple purchases and sales of Innovative Eyewear Inc. (LUCY) common stock.

Summary

  • This is an amendment to a Form 4 filing for Innovative Eyewear Inc. (LUCY).
  • The amendment includes Angelica Galkin and The Angelica Galkin Revocable Trust as reporting persons, who were initially omitted due to pending CIK code acquisition.
  • Vladimir Galkin, Angelica Galkin, and The Angelica Galkin Revocable Trust are all listed as directors and 10% owners.
  • On September 18, 2024, Vladimir Galkin engaged in multiple transactions involving Innovative Eyewear Inc. common stock.
  • These transactions included purchases at prices ranging from $7.45 to $8.10 and sales at $8.12 and $8.20.
  • The purchases totaled 128,130 shares, and the sales totaled 60,000 shares.
  • Following these transactions, the number of shares beneficially owned indirectly is 488,130.
  • The Angelica Galkin Revocable Trust directly holds the shares, with Angelica Galkin as the sole trustee and beneficiary.
  • Vladimir Galkin has delegated authority to direct the voting and disposition of the securities owned by the Galkin Revocable Trust.

Sentiment

Score: 5

Explanation: The document is a regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider activity.

Industry Context

Insider trading activity is always closely watched by investors as it can provide signals, though not always reliable, about the future prospects of a company. In this case, the transactions are relatively small and may not be indicative of a larger trend.

Stakeholder Impact

  • The disclosure of insider trading activity provides transparency to shareholders.
  • The transactions themselves may have a minor impact on the stock price.

Key Dates

DateDescription
April 21, 2018Date of the Angelica Galkin Revocable Trust
September 18, 2024Date of the stock transactions (purchases and sales)
September 24, 2024Date of original Form 4 filing
September 26, 2024Date of amended Form 4/A filing

Keywords

Form 4, Insider Trading, Beneficial Ownership, Stock Transactions, Innovative Eyewear Inc, LUCY, Galkin, SEC Filing

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