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

Rhea-AI Filing Summary

A-Mark Precious Metals, Inc. insider trading report: The Chief Executive Officer, who is also a director and 10% owner of A-Mark Precious Metals, Inc. (AMRK), reported option exercises and stock sales on 11/18/2025 and 11/19/2025.

On each date, stock options with an exercise price of $8.40 per share were exercised for 18,000 and 21,000 shares, respectively, and the same number of shares of common stock were sold in market transactions at weighted average prices of $25.28 and $25.38, respectively. Following these transactions, the reporting person directly owned 28,202 shares of common stock.

The filing also reports indirect beneficial ownership of 1,867,416 shares held by Silver Bow Ventures, LLC, in which the reporting person has a 50% indirect interest, and 32,340 shares held by the Roberts Family Trust. The stock options, originally covering 200,000 shares and fully vested by 2020, are now reported as fully exercised or disposed of.

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).

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)
11/18/2025

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	11/18/2025		M		18,000	A	$8.4	46,202	D
Common Stock, par value $0.01 per share	11/18/2025		S		18,000	D	$25.28(1)	28,202	D
Common Stock, par value $0.01 per share	11/19/2025		M		21,000	A	$8.4	49,202	D
Common Stock, par value $0.01 per share	11/19/2025		S		21,000	D	$25.38(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	11/18/2025		M			18,000	(4)	02/19/2026	Common Stock Options	18,000	$8.4	21,000	D
Stock Option (right to buy)	$8.4	11/19/2025		M			21,000	(4)	02/19/2026	Common Stock Options	21,000	$8.4	0	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 $24.84 to not more than $25.51. 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 $25.05 to not more than $25.79. 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	11/20/2025
	** 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 transactions did AMRK's CEO report on this Form 4?

The CEO of A-Mark Precious Metals, Inc. (AMRK) reported exercising stock options at an exercise price of $8.40 per share and selling the same number of common shares on 11/18/2025 and 11/19/2025.

How many AMRK shares did the insider exercise and sell in November 2025?

On 11/18/2025, the insider exercised and sold 18,000 shares; on 11/19/2025, the insider exercised and sold 21,000 shares of AMRK common stock.

At what prices were AMRK shares sold in these insider transactions?

The sales used weighted average prices: $25.28 per share for the 11/18/2025 transactions and $25.38 per share for the 11/19/2025 transactions, with trades occurring within disclosed price ranges.

How many AMRK shares does the insider own directly after these trades?

After the reported transactions, the insider directly owned 28,202 shares of A-Mark Precious Metals, Inc. common stock.

What indirect ownership in AMRK does the reporting person disclose?

The filing reports 1,867,416 shares beneficially owned by Silver Bow Ventures, LLC, in which the reporting person has a 50% indirect interest, and 32,340 shares held by the Roberts Family Trust.

What is the background of the AMRK stock options exercised in this Form 4?

The options were granted on terms covering 200,000 shares and vested 25% per year on June 30, 2017, 2018, 2019, and 2020. After the reported transactions, the remaining reported option balance is 0.

What roles does the reporting person hold at A-Mark Precious Metals (AMRK)?

The reporting person is disclosed as a Director, Chief Executive Officer, and 10% Owner of A-Mark Precious Metals, Inc.