Form 4: Sonendo Director Olav Bergheim Acquires 520,000 Shares of Common Stock

Director Olav Bergheim reports the acquisition of 520,000 shares of Sonendo, Inc. common stock at an average price of $0.0952 per share.

Summary

• Olav Bergheim, a director of Sonendo, Inc., acquired 520,000 shares of common stock on May 16, 2024.
• The shares were purchased at a weighted average price of $0.0952, with individual prices ranging from $0.0900 to $0.0960.
• Following the transaction, Mr. Bergheim indirectly owns 1,941,373 shares through Fjordinvest LLC, where he is the managing member.
• Mr. Bergheim disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports a transaction.

Management Comments

• Mr. Bergheim disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in such shares.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, as mandated by the SEC.
• The level of detail provided in this filing is consistent with industry norms for such disclosures.

Stakeholder Impact

• The transaction could have a minor impact on shareholder sentiment, depending on how the market interprets the insider's purchase.

Key Dates

Keywords

Sonendo, Olav Bergheim, stock acquisition, Form 4, director, common stock, Fjordinvest LLC, beneficial ownership