Form 4: One World Products CFO Todd Peterson Reports Transaction
SEC Form 4 Filing
Todd Peterson, CFO of One World Products, reports the acquisition and disposal of common stock and derivative securities.
Summary
- On September 25, 2024, Todd Peterson, the CFO of One World Products, acquired 600,000 shares of common stock at a price of $0.025 per share.
- Following this transaction, Peterson disposed of 1,100,000 shares of common stock.
- Peterson also disposed of a stock option (right to buy) for 125,000 shares at a price of $0.13, which was originally granted on December 31, 2020, and vested in quarterly installments starting March 31, 2021, expiring on May 31, 2030.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard transaction report; the acquisition and disposal could be for various personal financial reasons and don't necessarily reflect a strong positive or negative view of the company.
Negatives
- The CFO disposed of 1,100,000 shares of common stock.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. The information is used by investors to gauge management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may react to the CFO's stock transactions, although the impact is likely to be minimal unless part of a larger trend.
Key Dates
| Date | Description |
|---|---|
| 12/31/2020 | Date of original stock option grant. |
| 03/31/2021 | Start date for quarterly vesting of the stock option. |
| 05/31/2030 | Expiration date of the stock option. |
| 09/25/2024 | Date of common stock acquisition and disposal. |
| 09/27/2024 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Todd Peterson, One World Products, OWPC, CFO, Common Stock, Stock Option, Securities
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