SCHEDULE 13G/A: Insider Thomas Corley Increases Stake in SOBR Safe, Inc. to 19%
Beneficial Ownership Report
Thomas Corley has reported an increased beneficial ownership of 19.0% in SOBR Safe, Inc., holding 288,000 shares of common stock with sole voting and dispositive power.
Summary
- Thomas Corley, an individual, has filed an Amendment No. 2 to Schedule 13G, reporting his beneficial ownership in SOBR Safe, Inc.
- Mr. Corley beneficially owns 288,000 shares of SOBR Safe, Inc.'s common stock.
- This ownership represents 19.0% of the company's outstanding common stock.
- The percentage is calculated based on 1,516,145 shares outstanding as of April 15, 2025, as disclosed in SOBR Safe, Inc.'s Form 10-K published on the same date.
- Mr. Corley holds sole voting power and sole dispositive power over all 288,000 shares.
- The reporting person certified that the securities were not acquired or held for the purpose of changing or influencing the control of the issuer, except for activities solely in connection with a nomination under Rule 240.14a-11.
Sentiment
Score: 7
Explanation: The filing indicates a significant insider stake, which can be viewed positively as a sign of confidence, and explicitly states no intent to influence control, which reduces uncertainty. However, it provides no operational or financial performance data.
Positives
- The significant increase in insider ownership by Thomas Corley to 19.0% can be interpreted as a strong vote of confidence in SOBR Safe, Inc.'s future prospects.
- The reporting person's certification that the shares are not held for the purpose of changing or influencing control suggests a passive, long-term investment intent, which can reduce uncertainty for other shareholders.
Future Outlook
This Schedule 13G filing does not contain forward-looking statements or guidance regarding the company's future outlook, as its purpose is solely to report beneficial ownership.
Management Comments
- Thomas Corley certified that the securities referred to were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.
Industry Context
This filing is a standard disclosure of beneficial ownership and does not provide information to analyze broader industry trends or competitive positioning for SOBR Safe, Inc.
Comparison to Industry Standards
- This Schedule 13G filing does not contain information suitable for comparison to industry-specific benchmarks, as it focuses solely on an individual's beneficial ownership stake rather than operational or financial performance.
Stakeholder Impact
- Shareholders: The significant increase in insider ownership by Thomas Corley may instill greater confidence in the company's long-term prospects and stability.
- Management: The company's management will be aware of a substantial, passive shareholder, which could influence strategic considerations.
Key Dates
| Date | Description |
|---|---|
| 04/14/2025 | Date of event which required the filing of this statement |
| 04/15/2025 | Date of Form 10-K publication, used for calculating shares outstanding |
| 04/15/2025 | Date of signing the Schedule 13G statement |
Keywords
SOBR Safe Inc., Thomas Corley, Schedule 13G, Beneficial Ownership, Insider Ownership, Common Stock, SEC Filing, Shareholder Stake
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.