Form 4: Omni Retail Enterprises Sells Shares of Wilhelmina International
SEC Form 4
Omni Retail Enterprises, a 10% owner of Wilhelmina International, sold shares of common stock in multiple transactions between September 13 and September 19, 2024.
Summary
- Omni Retail Enterprises, LLC (ORE), a 10% owner of Wilhelmina International, Inc. (WHLM), has reported the sale of WHLM common stock.
- The transactions occurred between September 13, 2024, and September 19, 2024.
- On September 13, 2024, ORE sold 100 shares at $5.06 per share.
- On September 17, 2024, ORE sold a total of 1,929 shares at prices ranging from $5.05 to $6.00.
- On September 18, 2024, ORE sold 5,551 shares at a weighted average price of $5.512.
- On September 19, 2024, ORE sold 53 shares at prices ranging from $5.00 to $5.12.
- Following these transactions, ORE beneficially owns 941,396 shares of WHLM common stock.
- Rajesh Gupta, as an authorized signatory of ORE, signed the Form 4 on September 20, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by a significant shareholder. It doesn't inherently convey positive or negative sentiment, but the sales themselves could be interpreted in various ways by the market.
Management Comments
- Rajesh Gupta, for himself and as an authorized signatory of ORE, disclaims beneficial ownership of all securities reported herein, except to the extent of their pecuniary interest therein, if any, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities and Exchange Act of 1934 or for any other purpose.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- Shareholders may react to the news of a significant shareholder selling shares, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 09/13/2024 | Omni Retail Enterprises sold 100 shares of common stock at $5.06 per share. |
| 09/17/2024 | Omni Retail Enterprises sold 1,929 shares of common stock at prices ranging from $5.05 to $6.00 per share. |
| 09/18/2024 | Omni Retail Enterprises sold 5,551 shares of common stock at a weighted average price of $5.512 per share. |
| 09/19/2024 | Omni Retail Enterprises sold 53 shares of common stock at prices ranging from $5.00 to $5.12 per share. |
| 09/20/2024 | Form 4 signed by Rajesh Gupta. |
Keywords
Wilhelmina International, Omni Retail Enterprises, Share Sale, Form 4, Rajesh Gupta, Stock Transaction, Beneficial Ownership
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