Form 4: Perfect Moment Ltd. Director Max Gottschalk Reports Stock Purchases
SEC Form 4 Filing
Director Max Gottschalk reports purchasing shares of Perfect Moment Ltd. common stock through indirect holdings.
Summary
- On July 11, 2024, Max Gottschalk, a director and 10% owner of Perfect Moment Ltd., indirectly acquired 2,800 shares of common stock at $1.6711 per share.
- These shares are held by Joachim Gottschalk & Associates Ltd.
- On July 15, 2024, Gottschalk indirectly acquired another 2,800 shares at $1.5893 per share, also through Joachim Gottschalk & Associates Ltd.
- Following these transactions, Gottschalk indirectly owns 248,225 shares through Joachim Gottschalk & Associates Ltd., 3,479,491 shares through Fermain Limited, and 16,600 shares are held by his spouse.
- Gottschalk also directly owns 16,600 shares.
- Gottschalk disclaims beneficial ownership of shares held by Joachim Gottschalk & Associates Ltd. and Fermain Limited except to the extent of his pecuniary interest.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects insider buying, which can be seen as a positive signal, but it's a routine disclosure and doesn't provide substantial information about the company's performance or future prospects.
Positives
- Director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency regarding insider transactions, allowing investors to monitor the buying and selling activity of company insiders.
Stakeholder Impact
- The transactions may have a minor positive impact on shareholder sentiment due to the director's stock purchases.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Purchase of 2,800 shares of common stock at $1.6711 per share. |
| 07/15/2024 | Purchase of 2,800 shares of common stock at $1.5893 per share. |
| 07/15/2024 | Date of signature for the Form 4 filing. |
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