Form 4: Azzurro Capital Sells 22,500 Shares of Travelzoo (TZOO)
SEC Form 4
Azzurro Capital Inc., a 10% owner of Travelzoo, sold 22,500 shares of common stock at an average price of $10.16 per share on July 30, 2024.
Summary
- Azzurro Capital Inc., a 10% owner of Travelzoo, has reported the sale of 22,500 shares of Travelzoo's common stock.
- The transaction occurred on July 30, 2024.
- The shares were sold at a price of $10.16 per share.
- Following the transaction, Azzurro Capital Inc. beneficially owns 5,037,371 shares.
- Ralph Bartel and the Ralph Bartel 2005 Trust have indirect ownership of these shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a transaction by a significant shareholder. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale as slightly negative.
Industry Context
Sales by significant shareholders are closely watched by the market as they can indicate the shareholder's view of the company's prospects.
Stakeholder Impact
- Shareholders may react to the sale of shares by a major shareholder, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 07/30/2024 | Date of transaction: Azzurro Capital Inc. sold 22,500 shares of Travelzoo common stock. |
| 08/01/2024 | Date of report signature by Ralph Bartel. |
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