Form 4: UBS Group AG Reports Common Stock Transactions in Volcon, Inc.

UBS Group AG, a 10% owner of Volcon, Inc., reports multiple common stock transactions, including both acquisitions and disposals, executed on July 5th and July 8th, 2024.

Summary

• UBS Group AG, through its subsidiary, reported several transactions involving Volcon, Inc. common stock.
• On July 5, 2024, UBS acquired shares at prices of $4.424, $4.3885, and $4.4, and disposed of shares at prices ranging from $4.39 to $4.44.
• On July 8, 2024, UBS acquired shares at prices of $4.53 and $4.5221, and disposed of shares at prices ranging from $4.1 to $4.39.
• The transactions resulted in a net change in UBS's holdings, with the final reported beneficial ownership totaling 24,973 shares.
• UBS Group AG realized a total loss of $-120.289 from all trades while it was a 10% insider, and therefore there are no profits to disgorge to the issuer.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. The sentiment is neutral as it simply reports facts without expressing any opinion or forward-looking statements.

Industry Context

This filing reflects the trading activity of a major shareholder in Volcon, Inc., providing insight into institutional investor sentiment and potential market movements. Monitoring such filings is crucial for understanding the dynamics of the company's stock.

Stakeholder Impact

• The reported transactions may influence investor perception of Volcon, Inc.'s stock.
• Changes in major shareholder positions can affect market confidence and stock valuation.

Key Dates