Benjelloun-Touimi files initial ownership for Art Technology Acquisition (ARTC)
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Art Technology Acquisition Corp. reported that Benjelloun-Touimi Yassir is a director and has become an insider of the company. An initial statement of beneficial ownership was filed to document his status, and the data provided shows no reported share transactions or derivative positions.
Positive
- None.
Negative
- None.
Key Figures
Reporting persons: 1
Transactions reported: 0
Derivative transaction count: 0
3 metrics
Reporting persons
1
Number of reporting persons on this initial insider ownership statement
Transactions reported
0
Total buy, sell, and other share transactions listed in the transaction summary
Derivative transaction count
0
Number of derivative security transactions reported in this filing
Key Terms
beneficial ownership, Rule 10b5-1 trading plans, tax-withholding disposition, pecuniary interest
4 terms
beneficial ownership regulatory
"disclaimers of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Rule 10b5-1 trading plans regulatory
"Footnotes may reference Rule 10b5-1 trading plans or pre-arranged"
Rule 10b5-1 trading plans are written, pre-arranged instructions that allow company insiders (such as executives or directors) to automatically buy or sell their company's stock at specified times or under set conditions, like a standing instruction or automated thermostat for trades. They matter to investors because these plans provide a legal defense against insider‑trading accusations and create predictable insider trading patterns that can help signal whether sales are routine portfolio management or potentially meaningful to the company’s outlook.
tax-withholding disposition financial
"F is a tax-withholding disposition (not an open-market sale)"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
pecuniary interest financial
"no direct pecuniary interest, attribute the transaction to the entity"
FAQ
What does the latest insider report for ARTC reveal about Benjelloun-Touimi Yassir?
The report shows that Benjelloun-Touimi Yassir is a director of Art Technology Acquisition Corp. and has filed an initial statement of beneficial ownership, formally recording his status as an insider of the company without any reported share transactions.
What type of insider filing did Art Technology Acquisition Corp. (ARTC) submit for Benjelloun-Touimi Yassir?
Art Technology Acquisition Corp. submitted an initial statement of beneficial ownership for director Benjelloun-Touimi Yassir. This type of filing is used to document an individual’s status as an insider when they first become a director or other reporting person.
What roles are indicated for Benjelloun-Touimi Yassir in the ARTC insider ownership report?
The ownership report indicates that Benjelloun-Touimi Yassir is a director of Art Technology Acquisition Corp. He is not identified as an officer or a ten percent owner in the structured data associated with this initial statement of beneficial ownership.
Are any derivative securities or options reported for Benjelloun-Touimi Yassir in the ARTC filing?
The structured filing data shows no derivative positions reported for Benjelloun-Touimi Yassir. The derivative summary is empty and the derivative transaction count is zero, indicating no options, warrants, or similar instruments are listed in this initial ownership report.