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

Rhea-AI Filing Summary

Jess M. Ravich, a director of A-Mark Precious Metals, Inc. (AMRK), reported the sale of shares on 09/12/2025. The Form 4 shows a disposition of 25,000 shares of A-Mark common stock sold at a weighted average price of $26.50 per share, with individual trade prices ranging from $26.50 to $26.595. Following the reported transactions, the filing lists several indirect holdings: 183,580 shares held by the Ravich Revocable Trust of 1989, 9,900 shares held by the Jess M Ravich Def Pen PL Trust, and 21,860 shares indicated as held by exemption under the Ravich Rev of 1999. The Form 4 is signed by Carol Meltzer by power of attorney on 09/15/2025.

Positive

• None.

Negative

• Disposition of 25,000 shares by a company director on 09/12/2025 at a weighted average price of $26.50, reducing the director's direct/indirect stake.
• Insider sale within a narrow price range ($26.50 to $26.595) indicating multiple transactions rather than a single block trade.

Insights

Financial Analyst

TL;DR: Director sold 25,000 shares at a weighted average $26.50; holdings remain primarily indirect through family trusts.

The sale reported on Form 4 is a straightforward insider disposition totaling 25,000 shares executed on 09/12/2025 at a weighted average price of $26.50 per share. The filing discloses substantial indirect holdings through two trusts (183,580 and 9,900 shares) plus 21,860 shares under an exemption, indicating continued significant insider exposure even after the sale. This single transaction is informative for share movement but does not by itself indicate a change in corporate fundamentals.

Corporate Governance Expert

TL;DR: Form 4 disclosure appears complete on its face; sale executed by reporting person with POA signature on 09/15/2025.

The Form 4 identifies the reporting person as a director and lists the disposition details, price range, and an undertaking to provide breakdowns of trades within the reported price range upon request. The signature by power of attorney is noted. The document provides the required transparency about the insider transaction and the structure of indirect holdings through named trusts.

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^*

RAVICH JESS M

(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)
09/12/2025

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	09/12/2025		S		25,000	D	$26.5(1)	21,860	I	By Exemption Tr Under Ravich Rev of 1999
Common Stock, par value $0.01 per share								183,580	I	Ravich Revocable Trust of 1989
Common stock, par value $0.01 per share								9,900	I	By Jess M Ravich Def Pen PL Trust
Common Stock, par value $0.01 per share								145,651	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:

1. The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from not less than $26.50 to not more than $26.595. 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.

	/s/Carol Meltzer, by power of attorney	09/15/2025
	** 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 did Jess M. Ravich report on the Form 4 for AMRK?

The Form 4 reports a sale of 25,000 shares of A-Mark Precious Metals, Inc. common stock executed on 09/12/2025 at a weighted average price of $26.50 per share.

How many shares and at what prices were sold in the reported transaction?

A total of 25,000 shares were sold in multiple transactions at prices ranging from $26.50 to $26.595; the filing reports a weighted average price of $26.50.

What beneficial ownership did the Form 4 disclose after the sale?

The filing lists indirect holdings including 183,580 shares via the Ravich Revocable Trust of 1989, 9,900 shares via the Jess M Ravich Def Pen PL Trust, and 21,860 shares noted as held by exemption under Ravich Rev of 1999.

Who signed the Form 4 and when was it signed?

The Form 4 is signed /s/Carol Meltzer, by power of attorney with a signature date of 09/15/2025.

Does the Form 4 provide details on the number of shares sold at each separate price?

The filing states the shares were sold in multiple transactions within the price range and the reporting person will provide full information regarding the number of shares sold at each separate price upon request to the company, security holders, or the SEC staff.