Form 4: Super League Enterprise Director Jeff Gehl Increases Stake in Company

Sentiment:

SEC Form 4 Filing


Director Jeff Gehl reports purchasing 50,000 shares of Super League Enterprise (SLE) common stock over two days, increasing his direct and indirect holdings.

Summary

  • On July 23, 2024, Jeff Gehl, a director of Super League Enterprise, Inc. (SLE), purchased 25,000 shares of common stock at a weighted average price of $1.3666 per share.
  • These shares were bought in multiple transactions with prices ranging from $1.339 to $1.3999 per share.
  • Following this transaction, Mr. Gehl directly owned 131,547 shares.
  • On July 24, 2024, Mr. Gehl purchased another 25,000 shares at a weighted average price of $1.3353 per share.
  • These shares were bought in multiple transactions with prices ranging from $1.30 to $1.3857 per share.
  • Following this transaction, Mr. Gehl directly owned 156,547 shares.
  • Mr. Gehl also indirectly owns 3,845 shares through BigBoy Investment Partnership, LLC, and 1,226 shares through BigBoy, LLC, of which he is the Managing Member.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's purchase suggests confidence, but it's a routine 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

This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the actions of company insiders.

Stakeholder Impact

  • The increased stake of a director could positively influence shareholder confidence.

Key Dates

DateDescription
07/23/2024Jeff Gehl purchased 25,000 shares of SLE common stock.
07/24/2024Jeff Gehl purchased an additional 25,000 shares of SLE common stock; Form 4 filing date.

Keywords

Super League Enterprise, SLE, Jeff Gehl, stock purchase, director, Form 4, beneficial ownership, BigBoy Investment Partnership, BigBoy LLC

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.