Form 4: Rezolute Inc. Director Kim Young-Jin Reports Acquisition of Shares
SEC Filing
Director Kim Young-Jin reports purchasing additional shares of Rezolute, Inc.
Summary
- On July 22, 2022, Kim Young-Jin acquired 78,947 common shares of Rezolute, Inc. at a price of $3.8 per share.
- On March 7, 2024, Kim Young-Jin acquired 36,503 common shares at a weighted average price of $1.9138, with prices ranging from $1.8969 to $1.9533.
- Following these transactions, Kim Young-Jin directly owns 115,450 common shares.
- Kim Young-Jin also indirectly owns 5,942,617 shares held by Handok, Inc., but disclaims beneficial ownership 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 filing and doesn't contain significant news.
Positives
- Director's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders.
Stakeholder Impact
- Shareholders may view the director's purchase as a positive sign.
Key Dates
| Date | Description |
|---|---|
| 07/22/2022 | Kim Young-Jin acquired 78,947 common shares at $3.8 per share. |
| 03/07/2024 | Kim Young-Jin acquired 36,503 common shares at a weighted average price of $1.9138. |
| 03/13/2024 | Date of signature for the Form 4 filing. |
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