Form 4: Wytec International CEO William Henry Gray Reports Small Common Stock Acquisitions
SEC Form 4 Filing
William Henry Gray, CEO of Wytec International, reported acquiring small amounts of common stock in multiple transactions between January 23, 2025, and January 28, 2025.
Summary
- William Henry Gray, the CEO of Wytec International Inc. (WYTC), filed a Form 4 detailing changes in his beneficial ownership of the company's common stock.
- The report covers transactions that occurred between January 23, 2025, and January 28, 2025.
- During this period, Gray acquired 100 shares of common stock on each of the following dates: January 23, 2025, January 24, 2025, January 27, 2025 (three separate transactions), and January 28, 2025.
- The prices paid per share ranged from $1.09 to $1.28.
- Following these transactions, Gray's total beneficial ownership of Wytec International Inc. common stock increased to 3,205,447 shares.
Sentiment
Score: 5
Explanation: The sentiment is neutral. The CEO is buying small amounts of stock, which could be seen as positive, but the amounts are insignificant relative to his total holdings.
Positives
- The CEO's purchases could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The reported transactions may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/23/2025 | First reported transaction date; acquisition of 100 shares at $1.17. |
| 01/24/2025 | Acquisition of 100 shares at $1.09. |
| 01/27/2025 | Acquisition of 100 shares at $1.28, 100 shares at $1.22, and 100 shares at $1.15. |
| 01/28/2025 | Acquisition of 100 shares at $1.22; Date of signature. |
Keywords
Form 4, Beneficial Ownership, William Henry Gray, Wytec International, WYTC, Common Stock, Insider Trading
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