Form 4: Sacks Parente Golf Director Brett Hoge Acquires 19,167 Shares

Sentiment:

SEC Form 4 Filing


Director Brett Hoge purchased 19,167 shares of Sacks Parente Golf, Inc. at $0.50 per share on June 17, 2024.

Summary

  • On June 17, 2024, Brett Hoge, a director of Sacks Parente Golf, Inc. (SPGC), acquired 19,167 shares of common stock.
  • The purchase price was $0.50 per share.
  • Following the transaction, Hoge directly owns 345,147 shares of Sacks Parente Golf, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a relatively small transaction.

Positives

  • A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings are closely watched by investors for signals about a company's prospects.

Stakeholder Impact

  • The purchase could have a slightly positive impact on shareholders as it signals insider confidence.

Key Dates

DateDescription
06/17/2024Date of transaction: Brett Hoge purchased 19,167 shares of Sacks Parente Golf, Inc.
06/18/2024Date of signature on the Form 4 filing.

Keywords

Sacks Parente Golf, SPGC, Brett Hoge, Director, Stock Purchase, Form 4, Beneficial Ownership

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