Form 4: Realty Advisors Inc. Sells 250,000 Shares of New Concept Energy, Inc. in Private Transaction
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
| Date | Description |
|---|---|
| 2018/11/26 | Realty Advisors, Inc. originally acquired the shares that were sold. |
| 2024/08/15 | Realty Advisors Inc. sold 250,000 shares of New Concept Energy, Inc. |
| 2024/08/16 | Date 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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