Form 4: Intrusion Inc. CEO Anthony Scott Exercises Warrants, Acquires Common Stock
SEC Form 4 Filing
Intrusion Inc.'s CEO, Anthony Scott, exercised warrants to acquire common stock in a transaction dated April 2, 2024.
Summary
- On April 2, 2024, Anthony Scott, the CEO of Intrusion Inc., exercised warrants to acquire 33,334 shares of common stock at a price of $2.91 per share.
- Following this transaction, Scott directly owns 52,533 shares of Intrusion Inc. common stock.
- The warrant exercise was conducted in conjunction with a Warrant Inducement Letter dated April 1, 2024, where one warrant was granted in exchange for one warrant exercised.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a standard transaction (warrant exercise) by the CEO. It doesn't inherently indicate positive or negative performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, such as the CEO, ensuring fair markets.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Warrant Inducement Letter date |
| 04/02/2024 | Date of warrant exercise and common stock acquisition |
| 04/04/2024 | Date of Form 4 filing |
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