Form 4: Lottery.com CFO Sells 20,000 Shares
SEC Form 4
Robert J. Stubblefield, CFO of Lottery.com Inc., sold 20,000 shares of common stock at a price of $1.23 per share on February 6, 2025.
Summary
- Robert J. Stubblefield, the Chief Financial Officer of Lottery.com Inc. (LTRY), sold 20,000 shares of the company's common stock on February 6, 2025.
- The sale was executed at a price of $1.23 per share.
- Following the transaction, Stubblefield directly owns 265,000 shares of Lottery.com Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This is a routine disclosure of an insider transaction. It's important to monitor insider activity as it can provide insights into management's perspective on the company's prospects, but one transaction is not necessarily indicative of a trend.
Stakeholder Impact
- The sale of shares by a key executive could be perceived negatively by some shareholders, potentially leading to a slight decrease in investor confidence.
Key Dates
| Date | Description |
|---|---|
| 02/06/2025 | Date of stock sale transaction |
| 02/10/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Lottery.com, LTRY, Robert Stubblefield, CFO, stock sale, insider trading
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