Reported on May 22reelpennbattle3According to a document disclosed by the U.S. Securities and Exchange Commission (SEC) on May 21,$Koss JOHN C JR was traded at an average price per share of 5.5% on May 20.reelpennbattle325,000 common shares were sold for $.25, with a value of approximately $131,300.
Photo source: SEC official website
What is a shareholding change statement?
The SEC requires insiders of listed companies to publicly disclose their securities transactions and shareholdings. When an insider's shareholding changes, depending on different circumstances, a shareholding change statement needs to be submitted to the SEC within a certain period of time after the transaction ends.
Insiders include company directors and executives, as well as any shareholder who owns 10% or more of the company's outstanding shares.