Form 4: MDB Capital Holdings Director Sean James Magennis Disposes of 20,000 Shares
SEC Form 4 Filing
Director Sean James Magennis of MDB Capital Holdings, LLC, disposed of 20,000 shares of common stock on October 21, 2024.
Summary
- On October 21, 2024, Sean James Magennis, a director of MDB Capital Holdings, LLC, disposed of 20,000 shares of common stock.
- The transaction was reported on a Form 4 filing with the SEC.
- The shares were disposed of at a price of $6.81 per share.
- Following the transaction, Magennis directly owns 80,000 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock transaction. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The disposal of shares by a director could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 10/21/2024 | Date of transaction: Sean James Magennis disposed of 20,000 shares of common stock and 20,000 RSUs. |
| 12/20/2024 | Date of signature on the report. |
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