Form 4: Volato Group COO Michael Prachar Reports Transaction in Company Stock
SEC Form 4 Filing
Chief Operating Officer of Volato Group, Michael Patrick Prachar, reports acquiring and disposing of common stock on June 7, 2024.
Summary
- On June 7, 2024, Michael Patrick Prachar, the Chief Operating Officer of Volato Group, Inc. [SOAR], engaged in a transaction involving the company's common stock.
- Prachar acquired 1,235 shares of common stock at a price of $0.8 per share.
- Simultaneously, Prachar disposed of 1,235 shares.
- Following the reported transaction, the amount of securities beneficially owned by Prachar is not specified in this filing.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock transaction by an insider. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects insider trading activity, which is always scrutinized by investors.
Key Dates
| Date | Description |
|---|---|
| 06/07/2024 | Date of stock transaction (acquisition and disposal). |
| 06/10/2024 | Date of signature for the report. |
Keywords
Volato Group, SOAR, Michael Patrick Prachar, Chief Operating Officer, Form 4, Beneficial Ownership, Stock Transaction, Securities Exchange Act, SEC
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