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

Rhea-AI Filing Summary

John Moorhead, a director of A-Mark Precious Metals, Inc. (AMRK), reported a sale of 2,600 shares of the company’s common stock on 09/15/2025 at a price of $26.97 per share. After this transaction he beneficially owned 32,974 shares, held directly. The Form 4 was signed by an authorized attorney on 09/17/2025. The filing discloses a routine insider sale and shows continued disclosure compliance.

Positive

• Timely disclosure of the insider sale via Form 4, indicating compliance with reporting obligations
• Use of power of attorney for signature suggests proper administrative handling of filing

Negative

• Insider sale of 2,600 shares at $26.97, reducing direct holdings to 32,974 shares

Insights

Financial Analyst

TL;DR: Director sold a small portion of holdings; transaction appears routine and non-material to company valuation.

The reported sale of 2,600 shares at $26.97 reduces the reporting director’s direct holding to 32,974 shares. Without additional context on total outstanding shares or other insider activity, this single transaction is not clearly material to AMRK’s capital structure or earnings prospects. The timely filing and use of a power of attorney for signature indicate procedural compliance. Impact on market perception is likely neutral absent further disclosures.

Corporate Governance Expert

TL;DR: Filing reflects standard insider disclosure practices with a routine sale; no governance red flags shown.

The Form 4 identifies the reporting person as a director and lists a direct sale. The document includes a signature executed by a power of attorney, dated two days after the trade, which is common practice. There are no indications of accelerated or unusual derivative transactions, related-party transfers, or omissions in the reporting fields provided. Based solely on the form, governance procedures appear followed.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

1. Name and Address of Reporting Person^*

John Moorhead

(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		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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	09/15/2025		S		2,600	D	$26.97	32,974	D

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

Explanation of Responses:

	/s/Carol Meltzer, by power of attorney	09/17/2025
	** 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 director John Moorhead report on Form 4?

The Form 4 reports a sale of 2,600 shares of AMRK common stock on 09/15/2025 at $26.97 per share.

How many AMRK shares does John Moorhead beneficially own after the reported transaction?

After the sale, John Moorhead beneficially owned 32,974 shares, held directly.

When was the Form 4 for John Moorhead signed?

The Form 4 bears a signature entry executed by power of attorney on 09/17/2025.

Does the Form 4 show any derivative transactions by John Moorhead?

No. Table II for derivative securities contains no entries; only a non-derivative sale is reported.

Was John Moorhead identified as an officer, director, or 10% owner on the form?

He is identified as a Director on the Form 4; other relationship boxes were not checked.