LIMX.OQXLimitless X Holdings INC

Form 4: Limitless X Holdings Director, Dan Fleyshman, Acquires 260,000 Shares for Accrued Compensation

Sentiment:

SEC Form 4 Filing

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Director Dan Fleyshman acquired 260,000 shares of Limitless X Holdings Inc. common stock on January 13, 2025, as compensation for services rendered.

Summary

  • On January 13, 2025, Dan Fleyshman, a director of Limitless X Holdings Inc. (LIMX), acquired 260,000 shares of common stock.
  • The acquisition was in consideration for accrued compensation owed to Mr. Fleyshman for his services as a director from October 3, 2022, through December 31, 2024.
  • The shares were acquired at a price of $0.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard transaction of stock issued for compensation. No particularly positive or negative implications are apparent.

Positives

  • The acquisition of shares by a director demonstrates alignment of interests with shareholders.

Industry Context

This type of transaction, where shares are issued as compensation, is common in publicly traded companies to incentivize and reward directors and key employees.

Stakeholder Impact

  • The issuance of new shares could slightly dilute existing shareholders' ownership.

Key Dates

DateDescription
October 3, 2022Start date of director services for which compensation was accrued.
December 31, 2024End date of director services for which compensation was accrued.
January 13, 2025Date of the stock acquisition.
January 15, 2025Date of signature on the Form 4.

Keywords

Limitless X Holdings, LIMX, Dan Fleyshman, Director, Stock Acquisition, Compensation, Form 4, Beneficial Ownership

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