Form 4: Super League Enterprise Director Jeff Gehl Increases Stake in Company
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
| Date | Description |
|---|---|
| 07/23/2024 | Jeff Gehl purchased 25,000 shares of SLE common stock. |
| 07/24/2024 | Jeff 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
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