Form 4: Eleven 11 Management LLC Adjusts Stake in Titan Environmental Solutions Inc.

Eleven 11 Management LLC, a 10% owner of Titan Environmental Solutions Inc. (TESI), reported changes in its beneficial ownership of common stock through a series of transactions between October 24 and October 26, 2023.

Summary

• Eleven 11 Management LLC, identified as a 10% owner of Titan Environmental Solutions Inc. (TESI), filed a Form 4 detailing changes in their beneficial ownership.
• The transactions occurred between October 24 and October 26, 2023.
• On October 24, 2023, 23,575 shares of common stock were disposed of at a price of $0.61 per share.
• On October 25, 2023, 2,000 shares of common stock were acquired at a price of $0.61 per share.
• On October 26, 2023, 1,000 shares of common stock were acquired at a price of $0.61 per share.
• Following these transactions, Eleven 11 Management LLC beneficially owns 1,586,531 shares of Titan Environmental Solutions Inc.
• Jeffrey Pazdro, as the Manager of Eleven 11 Management LLC, signed the report on April 12, 2024.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions. The sentiment is neither strongly positive nor negative as it simply reflects changes in ownership.

Industry Context

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the trading activities of insiders and significant shareholders. These filings are closely watched by investors seeking insights into the sentiment and actions of those with privileged information.

Stakeholder Impact

• Shareholders may be interested in the trading activity of significant owners like Eleven 11 Management LLC as it can provide insights into their perspective on the company's value and prospects.

Key Dates

Keywords

Form 4, Beneficial Ownership, Titan Environmental Solutions Inc., TESI, Eleven 11 Management LLC, Common Stock, Transaction