Form 4: Synergy CHC Corp. CEO Jack Ross Continues Stock Purchases
SEC Form 4
Synergy CHC Corp.'s CEO and Chairman, Jack Ross, reports continued acquisition of company stock through a series of transactions from January 23, 2025, to February 21, 2025, increasing his direct and indirect holdings.
Summary
- Jack Ross, CEO and Chairman of Synergy CHC Corp., has been actively purchasing shares of the company's common stock.
- Between January 23, 2025, and February 21, 2025, Ross acquired additional shares through a series of transactions.
- The purchases were made at varying prices, ranging from approximately $3.41 to $4.35 per share.
- These transactions increased Ross's direct holdings to 346,877 shares.
- Ross also has indirect ownership through several entities he controls: Rosscor Brands Corp. (300,000 shares), Gowan Private Equity Inc. (3,679,056 shares), Dunhill Distribution Group, Inc. (269,635 shares), and Gowan Capital Inc. (136,559 shares).
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CEO's buying activity suggests confidence, but it's not overwhelmingly positive without more context.
Positives
- The CEO's continued investment in the company may signal confidence in its future prospects.
Risks
- The Form 4 filing itself doesn't inherently indicate risks, but continued insider buying could precede a significant company event, positive or negative.
Industry Context
Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued. However, it's important to consider the broader context, including the company's financial performance, industry trends, and overall market conditions.
Stakeholder Impact
- Shareholders may view the CEO's stock purchases as a positive signal.
- Employees might see this as a sign of leadership's confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 01/23/2025 | Earliest transaction date reported. |
| 01/23/2025 | Purchase of 100 shares at $4.09. |
| 01/27/2025 | Purchase of 300 shares at $3.89. |
| 01/28/2025 | Purchase of 400 shares at $3.84. |
| 01/29/2025 | Purchase of 1,300 shares at $4.21. |
| 01/30/2025 | Purchase of 700 shares at $4.35. |
| 01/31/2025 | Purchase of 500 shares at $4.23. |
| 02/03/2025 | Purchase of 600 shares at $3.92. |
| 02/04/2025 | Purchase of 500 shares at $4.21. |
| 02/05/2025 | Purchase of 950 shares at $4.17. |
| 02/06/2025 | Purchase of 800 shares at $4.14. |
| 02/07/2025 | Purchase of 1,800 shares at $3.91. |
| 02/10/2025 | Purchase of 1,600 shares at $3.80. |
| 02/11/2025 | Purchase of 500 shares at $3.41. |
| 02/12/2025 | Purchase of 900 shares at $3.51. |
| 02/13/2025 | Purchase of 600 shares at $3.74. |
| 02/14/2025 | Purchase of 900 shares at $3.67. |
| 02/18/2025 | Purchase of 950 shares at $3.69. |
| 02/19/2025 | Purchase of 300 shares at $3.69. |
| 02/20/2025 | Purchase of 1,200 shares at $3.92. |
| 02/21/2025 | Purchase of 300 shares at $4.00. |
| 03/03/2025 | Date of the Form 4 filing. |
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