Form 4: Realty Advisors Inc. Sells 250,000 Shares of New Concept Energy, Inc. in Private Transaction

Sentiment:

SEC Form 4


Realty Advisors Inc. disposed of 250,000 shares of New Concept Energy, Inc. at $1.30 per share in a private transaction on August 15, 2024.

Summary

  • On August 15, 2024, Realty Advisors Inc. sold 250,000 shares of New Concept Energy, Inc. common stock.
  • The sale occurred in a private transaction to a single entity.
  • The price per share was $1.30, resulting in a total transaction value of $325,000.
  • The shares sold represented 4.87% of the outstanding common stock.
  • After the transaction, Realty Advisors Inc. beneficially owns 1,144,934 shares of New Concept Energy, Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale as a shift in investor confidence.

Industry Context

This transaction reflects a significant shareholder adjusting their position in New Concept Energy, Inc. It's important to monitor further transactions by major shareholders to gauge overall investor sentiment.

Stakeholder Impact

  • Shareholders may react to the news of Realty Advisors Inc.'s share sale.
  • The sale could influence the market's perception of New Concept Energy, Inc.'s value.

Key Dates

DateDescription
2018/11/26Realty Advisors, Inc. originally acquired the shares that were sold.
2024/08/15Realty Advisors Inc. sold 250,000 shares of New Concept Energy, Inc.
2024/08/16Date of signature for the SEC Form 4 filing.

Keywords

Realty Advisors Inc., New Concept Energy, Inc., share sale, private transaction, common stock, beneficial ownership

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