Abundia Global Impact (AGIG) director amends filing for 40,000-share grant
Rhea-AI Filing Summary
Abundia Global Impact Group, Inc. director Peter F. Longo filed an amended insider trading report to correct details of a prior filing. The amendment states that on June 27, 2025, the board of directors approved a grant of 40,000 shares of common stock at a price of $0 per share. The transaction date in the original report is revised to June 27, 2025.
The amendment also updates Longo’s beneficial ownership to 40,000 shares of common stock held directly. The prior total had mistakenly included 11,917.48 shares issuable upon exercise of stock options that were already reported separately as derivative securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 40,000 shares
Net Buy
1 txn
Insider
LONGO PETER F.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 40,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 40,000 shares (Direct)
Footnotes (2)
- F1. This Form 4 amendment is being filed by the reporting person in order to correct the transaction date in the Form 4 filed by the reporting person with the U.S. Securities and Exchange Commission ("SEC") on July 1, 2025 (the "Original Form 4"). On June 27, 2025, the board of directors of the issuer approved the grant of the shares of the issuer's common stock, par value $0.001 per share (the "Common Stock"), reported in the Original Form 4. Accordingly, the date in Column 2 of the Original Form 4 is hereby amended to June 27, 2025.
- F2. This Form 4 amendment is also being filed by the reporting person in order to correct the total number of shares of Common Stock beneficially owned and reported in the Original Form 4, which erroneously included 11,917.48 shares of Common Stock issuable upon exercise of stock options previously awarded to the reporting person and reported in Table II of the Form 4 filed by the reporting person with the SEC on June 17, 2025. Accordingly, the number of shares of Common Stock reported in Column 5 of Table I of the Original Form 4 is hereby amended to 40,000 shares of Common Stock.
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FAQ
What insider transaction did ABUNDIA GLOBAL IMPACT GROUP, INC. (AGIG) report?
The company reported that director Peter F. Longo received a grant of 40,000 shares of its common stock on June 27, 2025 at a price of $0 per share.
Why did ABUNDIA GLOBAL IMPACT GROUP, INC. (AGIG) file an amended Form 4?
The amendment was filed to correct the transaction date for the share grant to June 27, 2025 and to correct the total number of shares beneficially owned after the transaction.
What error was made in the original AGIG Form 4 filing?
The original filing used an incorrect transaction date and overstated beneficial ownership by including 11,917.48 shares issuable from stock options that were already reported as derivative securities.
What role does the reporting person have at ABUNDIA GLOBAL IMPACT GROUP, INC. (AGIG)?
The reporting person, Peter F. Longo, is identified as a director of ABUNDIA GLOBAL IMPACT GROUP, INC.
Is Peter F. Longo’s AGIG stock ownership direct or indirect?
The 40,000 shares of common stock reported as beneficially owned following the transaction are shown as held under direct (D) ownership.