Form 4: U.S. Antimony director sells 31,712 shares
Insider Transaction Report (Form 4)
Director Blaise A. Aguirre reported disposing 31,712 UAMY shares over two dates, retaining 872,754 shares.
Summary
- Director Blaise A. Aguirre disposed of a total of 31,712 United States Antimony Corp. (UAMY) common shares across three transactions dated 03/24/2026 and 03/27/2026.
- Transactions: 20,000 shares at $9.16 on 03/24/2026; 6,339 shares at $8.78 on 03/27/2026; 5,373 shares at $8.77 on 03/27/2026.
- Beneficial ownership moved from an estimated 904,466 shares before the first transaction to 872,754 shares after the last transaction, all held directly.
- Estimated gross proceeds are approximately $285,976.63 with a weighted average sale price of about $9.02 per share.
- No derivative securities were reported in connection with these transactions; the form was signed on 03/30/2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as neutral to slightly negative: a modest insider sale but with a large remaining stake, providing continued alignment.
Positives
- Director continues to hold a significant stake of 872,754 shares after the transactions, maintaining alignment with shareholders.
- Transactions were fully disclosed with clear dates, quantities, and prices.
Negatives
- Reduction of holdings by 31,712 shares (approximately 3.5% of prior holdings) at prices between $8.77 and $9.16 may be perceived negatively by the market.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider sales of modest size are common across small-cap metals and mining companies and do not, by themselves, signal operational change; the ~3.5% reduction here appears routine in scale.
Comparison to Industry Standards
- Relative magnitude: A ~3.5% reduction in a director’s holdings aligns with routine insider sales commonly observed among small-cap miners such as Perpetua Resources (PPTA), Hecla Mining (HL), and Coeur Mining (CDE), where sub-5% periodic adjustments are typical.
- Execution pattern: Spreading transactions across multiple days and prices is a standard market practice to manage execution and potential market impact.
- Ownership alignment: Retention of 872,754 shares is consistent with governance expectations for ongoing insider ownership at mining-sector peers.
Stakeholder Impact
- Shareholders may view the 31,712-share disposal as a modestly negative sentiment indicator.
- No dilution or change to total shares outstanding; impact is primarily on perception and near-term trading sentiment.
- Transparent disclosure of insider activity supports governance and investor oversight.
Key Dates
| Date | Description |
|---|---|
| 2026-03-24 | Disposition of 20,000 common shares at $9.16; beneficial ownership after this transaction: 884,466 shares (direct). |
| 2026-03-27 | Disposition of 6,339 common shares at $8.78; beneficial ownership after this transaction: 878,127 shares (direct). |
| 2026-03-27 | Disposition of 5,373 common shares at $8.77; beneficial ownership after this transaction: 872,754 shares (direct). |
| 2026-03-30 | Form signed by Blaise Aguirre, MD. |
Recommendation
holdThe transactions represent a modest reduction (~3.5%) in a director’s holdings at defined prices, with no strategic, financial, or operational updates. With a substantial remaining stake and no additional signals, maintaining a hold stance is appropriate based solely on this report.
Keywords
United States Antimony, UAMY, insider transaction, Form 4, director sale, beneficial ownership, mining, antimony
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