AVAX ONE (AVX) CFO adds shares through open-market buy and large grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AVAX ONE TECHNOLOGY LTD. Chief Financial Officer Christopher Vincent Polimeni reported two recent changes in his personal holdings of the company's common shares. He made an open-market purchase of 2,500 common shares at $1.75 per share, increasing his directly owned stake. Earlier, he received a grant or award of 105,485 common shares at a stated price of $2.37 per share, which brought his direct ownership to 105,485 shares at that time. After the later market purchase, his directly held position rose to 107,985 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,500 shares ($4,375)
Net Buy
2 txns
Insider
Polimeni Christopher Vincent
Role
Chief Financial Officer
Bought
2,500 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares | 2,500 | $1.75 | $4K |
| Grant/Award | Common Shares | 105,485 | $2.37 | $250K |
Holdings After Transaction:
Common Shares — 107,985 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did AVAX ONE (AVX) CFO Christopher Polimeni report?
AVAX ONE CFO Christopher Polimeni reported an open-market purchase and a share grant. He bought 2,500 common shares at $1.75 per share and separately received a grant of 105,485 common shares at a stated price of $2.37 per share.
Were the AVAX ONE (AVX) CFO’s Form 4 transactions classified as buys or awards?
The filing classifies one transaction as an open-market purchase and the other as a grant or award. The 2,500-share transaction is coded as a purchase, while the 105,485-share transaction is coded as a grant, award, or other acquisition.