Form 4: Lottery.com COO Gregory Potts Sells 2,000 Shares
SEC Form 4 Filing
Gregory Potts, COO of Lottery.com, sold 2,000 shares of common stock at $0.72 per share on September 17, 2024.
Summary
- Gregory Potts, the Chief Operating Officer of Lottery.com Inc. (LTRY), reported a transaction involving the company's common stock.
- On September 17, 2024, Potts sold 2,000 shares of common stock at a price of $0.72 per share.
- Following this transaction, Potts directly owns 277,835 shares of Lottery.com Inc.
Sentiment
Score: 5
Explanation: Neutral. This is a routine disclosure of an insider stock sale. The impact on sentiment is likely to be minimal unless the sale is part of a larger trend or pattern.
Industry Context
This is a standard SEC Form 4 filing, which is required when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. It provides transparency into insider transactions.
Stakeholder Impact
- The sale of shares by a company officer could be perceived negatively by some shareholders, but the relatively small number of shares sold may limit the impact.
Key Dates
| Date | Description |
|---|---|
| 09/17/2024 | Date of stock sale by Gregory Potts |
| 09/23/2024 | Date of Form 4 signature |
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