Form 4: Reborn Coffee Director Scott Lee Sells 49,000 Shares
SEC Form 4 Filing
Director Scott Lee of Reborn Coffee, Inc. reports the sale of 49,000 shares of common stock on February 20, 2025.
Summary
- On February 20, 2025, Scott Lee, a director of Reborn Coffee, Inc., sold 49,000 shares of common stock.
- The shares were sold at prices ranging from $7.34 to $8.26.
- Following the transaction, Lee directly owns 395,445 shares of Reborn Coffee, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, providing transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price, although this is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction: Scott Lee sold 49,000 shares of Reborn Coffee, Inc. |
| 02/21/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Reborn Coffee, REBN, Scott Lee, Stock Sale, Director, Insider Trading
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