Form 4: MGO Global Inc. Director Acquires and Disposes of Restricted Stock
SEC Form 4 Filing
Director Ping Wang Rawson reports acquisition and disposal of MGO Global Inc. restricted stock on June 4, 2024.
Summary
- On June 4, 2024, Ping Wang Rawson, a director of MGO Global Inc., engaged in transactions involving the company's restricted stock.
- Rawson acquired 89,186 shares of restricted stock at a price of $0.
- Following the acquisition, Rawson disposed of 109,186 shares.
- After these transactions, Rawson beneficially owns 109,186 shares.
- The restricted stock vests on the date of the grant and was granted under the MGO Global Inc. 2022 Equity Incentive Plan, as amended.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- Shareholders are informed about the director's stock transactions, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| 06/04/2024 | Date of restricted stock transaction (acquisition and disposal). |
| 06/04/2024 | Date of grant for the restricted stock agreement. |
| 06/05/2024 | Date of signature for the Form 4 filing. |
Keywords
MGO Global Inc., Ping Wang Rawson, restricted stock, director, beneficial ownership, equity incentive plan, Form 4
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