4/A: WiSA Technologies Executive Corrects Stock Transaction Error in Amended SEC Filing

A WiSA Technologies executive filed an amended SEC Form 4 to correct a previously reported erroneous sale of 58 common stock shares.

Summary

• Gary Williams, a former Chief Accounting Officer and VP of Finance at WiSA Technologies, filed an amended SEC Form 4.
• The amendment corrects an error in the original filing from November 22, 2024, which incorrectly reported a sale of 58 common stock shares.
• The corrected filing confirms that as of November 20, 2024, Mr. Williams beneficially owned 60,183 shares of WiSA Technologies common stock.

Sentiment

Score: 7

Explanation: The document is a routine correction of a filing error, which is neither positive nor negative, but necessary for compliance. The sentiment is neutral to slightly positive due to the correction of the error.

Industry Context

This is a routine filing related to changes in beneficial ownership by company insiders, which is a common practice for publicly traded companies.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders in publicly traded companies.
• The correction of an error through an amended filing is also a normal process to ensure accuracy and compliance with regulations.
• Similar filings are made by executives at companies like Apple, Microsoft, and Tesla when they buy or sell shares of their company's stock.

Stakeholder Impact

• The correction ensures accurate information for shareholders regarding insider ownership.
• The amendment has a minor impact on stakeholders as it corrects a previous error.

Key Dates

Keywords

SEC Filing, Form 4, Beneficial Ownership, Stock Transaction, WiSA Technologies, Gary Williams, Amendment