Form 4: Mobix Labs Director James Peterson Sells Shares
SEC Form 4 Filing
James Peterson, a director and 10% owner of Mobix Labs, Inc., sold a portion of his Class A Common Stock on March 5th and 6th, 2025.
Summary
- James Peterson, a director and 10% owner of Mobix Labs, Inc., sold shares of Class A Common Stock on March 5th and 6th, 2025.
- On March 5th, 19,088 shares were sold at a weighted average price of $1.07 per share.
- On March 6th, 2,401 shares were sold at a weighted average price of $1.08 per share.
- Following these transactions, Peterson beneficially owns 2,262,306 shares of Class A Common Stock.
- Peterson also holds options to purchase 20,000 shares at $4.18 and 133,416 shares at $6.84, which are fully vested and exercisable.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock sales by a director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock sales by a company insider, which is common in the technology sector.
Comparison to Industry Standards
- Insider selling is a common occurrence in publicly traded companies, particularly after periods of stock appreciation or to diversify personal holdings.
- The volume of shares sold is relatively small compared to the total outstanding shares, suggesting it may not have a significant impact on the stock price.
- Comparable companies often see similar filings from directors and officers.
Stakeholder Impact
- The stock sales could have a minor negative impact on shareholder sentiment, but the overall impact is likely to be minimal given the relatively small volume of shares sold.
Key Dates
| Date | Description |
|---|---|
| 03/05/2025 | James Peterson sold 19,088 shares of Class A Common Stock at a weighted average price of $1.07. |
| 03/06/2025 | James Peterson sold 2,401 shares of Class A Common Stock at a weighted average price of $1.08. |
| 03/07/2025 | Date of the signature of the attorney-in-fact on the Form 4 filing. |
| 08/10/2030 | Expiration date for options to buy 20,000 shares at $4.18. |
| 04/04/2032 | Expiration date for options to buy 133,416 shares at $6.84. |
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