ACHIEVE Life Sciences (ACHV) director reports no beneficial ownership on Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ACHIEVE LIFE SCIENCES, INC. director Reid Alexander Waldman filed an initial Form 3 reporting his ownership position in the company. The filing shows that no securities are beneficially owned, with 0 shares held directly after the reporting date. This is a disclosure of status rather than a new transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Waldman Reid Alexander
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | No securities are beneficially owned | -- | -- | -- |
Holdings After Transaction:
No securities are beneficially owned — 0 shares (Direct, null)
Footnotes (1)
Key Figures
Shares beneficially owned: 0 shares
1 metrics
Shares beneficially owned
0 shares
Total shares following reported holdings entry
Key Terms
Form 3, beneficially owned, reporting insider
3 terms
Form 3 regulatory
"director Reid Alexander Waldman filed an initial Form 3 reporting his ownership position"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficially owned financial
"The filing shows that no securities are beneficially owned, with 0 shares held directly"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
reporting insider regulatory
"It establishes his baseline holdings as he becomes a reporting insider"