Form 4: TMC the metals Co Inc.: Chief Development Officer Sells Shares
SEC Form 4 Filing
Anthony O'Sullivan, Chief Development Officer of TMC the metals Co Inc., sold 164,317 common shares at an average price of $4.4929 on May 21, 2025.
Summary
- On May 21, 2025, Anthony O'Sullivan, the Chief Development Officer of TMC the metals Co Inc., sold 164,317 common shares.
- The shares were sold at an average price of $4.4929.
- Following the transaction, O'Sullivan directly owns 1,125,667 common shares.
- O'Sullivan also indirectly owns 385,110 common shares through JOZEM Pty Ltd., Trustee of the O'Sullivan Family Trust No. 1.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a share sale by an officer. The sentiment is neutral as it doesn't inherently indicate positive or negative news about the company's performance.
Industry Context
This is a routine disclosure of insider trading activity. It's important to monitor such filings to understand management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The share sale could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of the transaction: Anthony O'Sullivan sold 164,317 common shares. |
Keywords
TMC the metals Co Inc., Anthony O'Sullivan, Chief Development Officer, Form 4, Share Sale, Beneficial Ownership, JOZEM Pty Ltd, O'Sullivan Family Trust
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