Form 4: MGO Global CFO Dana Perez Acquires Restricted Stock

Dana Perez, CFO of MGO Global Inc., acquired 222,966 shares of restricted common stock on June 4, 2024.

Summary

• Dana Perez, the Chief Financial Officer of MGO Global Inc., filed a Form 4 on June 5, 2024.
• The filing reports a transaction that occurred on June 4, 2024.
• Perez acquired 222,966 shares of common stock.
• These shares were granted as restricted common stock, vesting on the date of the grant.
• The grant was made pursuant to the Restricted Stock Agreement dated June 4, 2024, under the MGO Global Inc. 2022 Equity Incentive Plan, as amended.
• Following the transaction, Perez beneficially owns 322,966 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by an executive. While insider ownership can be a positive signal, this is part of a compensation plan.

Positives

• The acquisition of restricted stock by the CFO could be seen as a positive sign, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates

Keywords

MGO Global Inc., Dana Perez, CFO, restricted stock, Form 4, equity incentive plan, beneficial ownership