ASP Isotopes (ASPI) director sells 30,000 shares around $6.27
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ASP Isotopes Inc. director Michael Gorley sold 30,000 shares of Common Stock in an open-market transaction at a weighted average price of approximately $6.27 per share. After this sale, he directly holds 87,908 shares, indicating he retains a significant ongoing equity position.
According to the disclosure, the shares were sold in multiple trades at prices ranging from $6.10 to $6.63 per share, with the weighted average reported. The filing notes that full trade-by-trade pricing details are available upon request from the company, any stockholder, or the SEC staff.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 30,000 shares ($188,100)
Net Sell
1 txn
Insider
Gorley Michael
Role
null
Sold
30,000 shs ($188K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,000 | $6.27 | $188K |
Holdings After Transaction:
Common Stock — 87,908 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 30,000 shares
Weighted average sale price: $6.27 per share
Price range: $6.10–$6.63 per share
+1 more
4 metrics
Shares sold
30,000 shares
Open-market sale of Common Stock
Weighted average sale price
$6.27 per share
Average price for 30,000 shares sold
Price range
$6.10–$6.63 per share
Range of individual sale prices
Shares held after transaction
87,908 shares
Director’s direct holdings post-sale
Key Terms
weighted average price, open-market sale, Common Stock, Form 4
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ASP Isotopes (ASPI) disclose for Michael Gorley?
ASP Isotopes reported that director Michael Gorley sold 30,000 shares of Common Stock in an open-market transaction. The weighted average sale price was about $6.27 per share, and he continues to hold 87,908 shares directly after the transaction.
Was the ASP Isotopes (ASPI) insider sale a market transaction or a transfer?
The transaction is classified as an open-market sale of Common Stock. The Form 4 uses code “S,” described as a sale in open market or private transaction, indicating this was a standard market disposition rather than a gift, grant, or restructuring move.
Does the ASP Isotopes (ASPI) Form 4 provide detailed trade prices for each sale?
The Form 4 reports a weighted average price and a price range of $6.10 to $6.63 per share. It states Gorley will provide full information on the number of shares sold at each separate price within that range upon request.