Blue Biofuels director sells 500K shares at $0.10
Director Chris J Kneppers disclosed open-market sales totaling 500,000 BIOF shares at $0.10 per share across two September 2026 transactions.
Rhea-AI Filing Summary
BLUE BIOFUELS, INC. (BIOF) director Chris J Kneppers reported two open-market sales of common stock. On September 4, 2026, he sold 200,000 shares at $0.10 per share, followed by a sale of 300,000 shares at $0.10 per share on September 8, 2026. No Rule 10b5-1 trading plan is reported. A remark states that 18,972,677 shares are held jointly with Angela Kneppers.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 500,000 shares
Net Sell
2 txns
Insider
Kneppers Chris J
Role
Director
Sold
500,000 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 300,000 | $0.10 | $30K |
| Sale | Common Stock | 200,000 | $0.10 | $20K |
Holdings After Transaction:
Common Stock — 19,972,677 shares (Direct)
Key Figures
Shares sold on September 4, 2026: 200,000 shares
Shares sold on September 8, 2026: 300,000 shares
Total shares sold in reported transactions: 500,000 shares
+2 more
5 metrics
Shares sold on September 4, 2026
200,000 shares
Sale of BLUE BIOFUELS, INC. common stock at $0.10 per share
Shares sold on September 8, 2026
300,000 shares
Sale of BLUE BIOFUELS, INC. common stock at $0.10 per share
Total shares sold in reported transactions
500,000 shares
Aggregate of two sales reported in the Form 4
Sale price per share
$0.10 per share
Price for both September 4 and September 8, 2026 sales
Jointly held shares
18,972,677 shares
Shares held jointly with Angela Kneppers as noted in the remarks
Key Terms
open market or private transaction, Rule 10b5-1, ten percent owner
3 terms
open market or private transaction market
"transaction is described as a "Sale in open market or private transaction""
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
ten percent owner regulatory
"Form 4 identifies whether the reporting person is a ten percent owner"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BIOF director Chris J Kneppers report in this Form 4?
He reported two sales of BLUE BIOFUELS, INC. common stock: 200,000 shares on September 4, 2026 and 300,000 shares on September 8, 2026, both at $0.10 per share, in open-market or private transactions.
Does this BIOF Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 plan is reported for these transactions, meaning they are not affirmed as having been executed under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.