BluSky AI CEO/CFO reports two indirect share transfers on 11/04/2025
Rhea-AI Filing Summary
BluSky AI Inc. (BSAI) insider Trent D’Ambrosio (CEO/CFO, Director, 10% owner) filed a Form 4 reporting two indirect dispositions of common stock on 11/04/2025.
The filing lists: (1) a G code transfer of 400,000 shares at $0.0001 per share, with 20,627,546 shares beneficially owned indirectly after the transaction; and (2) a J code transfer of 350,000 shares at $0.0001 per share, with 20,277,546 shares beneficially owned indirectly after the transaction.
According to the footnotes, both transactions were made by Digital Asset Medium LLC, an entity owned and controlled by D’Ambrosio: the first as gifts to third parties and the second as transfers for services rendered to that entity.
Positive
- None.
Negative
- None.
Insights
Routine Form 4 showing indirect gifts and service-related transfers.
The insider reported two indirect dispositions via an affiliated entity, Digital Asset Medium LLC. One was coded G (gift) for 400,000 shares at $0.0001 on 11/04/2025. The other was coded J for 350,000 shares at $0.0001 on the same date.
Post-transaction indirect beneficial ownership stood at 20,627,546 after the gift and 20,277,546 after the service-related transfer. The filing ties both movements to the insider-controlled entity; cash-flow effects to the issuer are not indicated.
These entries document changes in beneficial ownership and do not, by themselves, signal operational or financial shifts. Any market impact depends on broader float and trading dynamics not detailed here.
FAQ
What did BSAI insider Trent D’Ambrosio report on Form 4?
What is the relationship of the reporting person to BSAI?
Which entity executed the transfers mentioned in the BSAI Form 4?
What do transaction codes G and J mean in this context?
Were these BSAI transactions direct or indirect?