[Form 4] A-Mark Precious Metals, Inc. Insider Trading Activity

Rhea-AI Filing Summary

A-Mark Precious Metals, Inc. (AMRK) Chief Executive Officer and director reported exercising and selling company stock in mid-November 2025. On November 14, 2025, he exercised stock options for 18,000 shares of common stock at $8.40 per share and sold 18,000 shares at a weighted average price of $25.0985 per share. On November 17, 2025, he again exercised options for 18,000 shares at $8.40 and sold 18,000 shares at a weighted average price of $25.6452 per share. After these transactions, he directly owned 28,202 shares, with additional indirect ownership of 1,867,416 shares through Silver Bow Ventures, LLC and 32,340 shares through the Roberts Family Trust.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ROBERTS GREGORY N

(Last) (First) (Middle)

2121 ROSECRANS AVE

SUITE 6300

(Street)

EL SEGUNDO CA 90245

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
A-Mark Precious Metals, Inc. [ AMRK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/14/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share	11/14/2025		M		18,000	A	$8.4	46,202	D
Common Stock, par value $0.01 per share	11/14/2025		S		18,000	D	$25.0985(1)	28,202	D
Common Stock, par value $0.01 per share	11/17/2025		M		18,000	A	$8.4	46,202	D
Common Stock, par value $0.01 per share	11/17/2025		S		18,000	D	$25.6452(2)	28,202	D
Common Stock, par value $0.01 per share								1,867,416	I	See footnote(3)
Common stock, par value $0.01 per share								32,340	I	By Roberts Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$8.4	11/14/2025		M			18,000	(4)	02/19/2026	Common Stock Options	18,000	$8.4	57,000	D
Stock Option (right to buy)	$8.4	11/17/2025		M			18,000	(4)	02/19/2026	Common Stock Options	18,000	$8.4	39,000	D

Explanation of Responses:

1. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from not less than $24.62 to not more than $25.39. The reporting person undertakes to provide to A-Mark Precious Metals, Inc. ("A-Mark"), any security holder of A-Mark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form.

2. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from not less than $25.285 to not more than $25.88. The reporting person undertakes to provide to A-Mark Precious Metals, Inc. ("A-Mark"), any security holder of A-Mark, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form.

3. Shares beneficially owned by Silver Bow Ventures, LLC, in which the Reporting Person has an indirect ownership interest of 50%. The Reporting Person disclaims beneficial ownership of such shares in excess of his proportionate pecuniary interest in Silver Bow Ventures, LLC.

4. The option granted covered 200,000 shares, and vested 25% per year on June 30, 2017, 2018, 2019 and 2020.

Remarks:

	/s/Carol Meltzer, by power of attorney	11/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did AMRK's CEO report on this Form 4?

The Chief Executive Officer of A-Mark Precious Metals, Inc. (AMRK) reported exercising stock options and selling common shares on November 14, 2025 and November 17, 2025, as disclosed in this Form 4.

How many A-Mark (AMRK) shares did the CEO sell in these transactions?

The CEO sold 18,000 shares of common stock on November 14, 2025 at a weighted average price of $25.0985 per share and another 18,000 shares on November 17, 2025 at a weighted average price of $25.6452 per share.

At what price did the AMRK CEO exercise his stock options?

The stock options were exercised at an exercise price of $8.40 per share, covering 18,000 shares on November 14, 2025 and 18,000 shares on November 17, 2025.

How many A-Mark (AMRK) shares does the CEO own after these transactions?

Following the reported transactions, the CEO held 28,202 shares of AMRK common stock directly, plus 1,867,416 shares indirectly through Silver Bow Ventures, LLC and 32,340 shares indirectly through the Roberts Family Trust.

What is the source of the AMRK CEO's indirect share ownership?

Indirect ownership arises from 1,867,416 shares held by Silver Bow Ventures, LLC, in which he has a 50% indirect ownership interest, and 32,340 shares held by the Roberts Family Trust.

What is the vesting background of the AMRK stock options exercised?

The exercised options came from an option grant that originally covered 200,000 shares of common stock and vested 25% per year on June 30, 2017, 2018, 2019, and 2020.

How are the reported AMRK sale prices described in the Form 4?

The reported sale prices of $25.0985 and $25.6452 per share are weighted average prices for multiple transactions within price ranges disclosed in the footnotes, with detailed breakdowns available upon request.