Form 4: Stryve Foods Director Reports Acquisition of Convertible Preferred Stock
SEC Form 4 Filing
Robert D. Ramsey III, a director of Stryve Foods, Inc., reported the acquisition of convertible preferred stock that can be converted into Class A Common Stock.
Summary
- On January 30, 2025, Robert D. Ramsey III, a director of Stryve Foods, Inc. [SNAX], acquired 1,258 shares of Convertible Preferred Stock.
- These shares can be converted into 17,738 shares of Class A Common Stock at a conversion price of $0.7599.
- The shares may be converted after six months and do not expire.
- Following the transaction, Ramsey directly owns 24,523 shares of Class A Common Stock and 1,258 shares of Convertible Preferred Stock.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing. It simply reports a transaction by a company director.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction could have a minor impact on shareholders, as the conversion of preferred stock could dilute existing shares of common stock.
Key Dates
| Date | Description |
|---|---|
| 01/30/2025 | Date of transaction: Acquisition of Convertible Preferred Stock |
| 02/05/2025 | Date of signature on the Form 4 filing |
Keywords
Stryve Foods, SNAX, Form 4, Robert D. Ramsey III, Convertible Preferred Stock, Class A Common Stock, Director, Beneficial Ownership, SEC Filing
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