Form 4: Omni Retail Enterprises Sells Shares of Wilhelmina International
SEC Form 4
Omni Retail Enterprises, a 10% owner and director of Wilhelmina International, sold shares of common stock in multiple transactions between October 11 and October 14, 2024.
Summary
- Omni Retail Enterprises, LLC, along with related entities and Rajesh Gupta, filed a Form 4 detailing changes in beneficial ownership of Wilhelmina International, Inc. (WHLM) common stock.
- The transactions involved the sale of WHLM shares by Omni Retail Enterprises, LLC on October 11 and October 14, 2024.
- On October 11, 2024, 200 shares were sold at $3.9525 per share and 53 shares were sold at $3.8702 per share.
- On October 14, 2024, multiple sales occurred at prices ranging from $3.85 to $4.075 per share, with quantities ranging from 11 to 3,233 shares.
- Following these transactions, Omni Retail Enterprises, LLC directly owns 880,904 shares of Wilhelmina International, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of insider trading activity and provide transparency into the buying and selling activities of company insiders.
Stakeholder Impact
- The sale of shares by a significant shareholder could potentially create downward pressure on the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 10/11/2024 | Sale of 200 shares at $3.9525 and 53 shares at $3.8702. |
| 10/14/2024 | Multiple sales of shares at prices ranging from $3.85 to $4.075. |
| 10/15/2024 | Date of signature for the Form 4 filing. |
Keywords
Wilhelmina International, Omni Retail Enterprises, Form 4, Beneficial Ownership, Stock Sale, WHLM, Rajesh Gupta
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