Foxx (FOXX) CEO trims stake with March open-market share sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Foxx Development Holdings Inc. Chief Executive Officer Greg Foley reported selling a total of 7,597 shares of common stock in March open-market transactions. He sold 5,013 shares at $4.02 per share on March 11, 2026 and 2,584 shares at $3.98 per share on March 16, 2026.
After these sales, Foley directly holds 16,715 common shares. He also has unvested restricted shares from an initial 24,312-share grant made on November 5, 2024, which continue to vest in 1/16 increments on each quarterly anniversary if he remains in continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,597 shares ($30,437)
Net Sell
2 txns
Insider
Foley Greg
Role
Chief Executive Officer
Sold
7,597 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,584 | $3.98 | $10K |
| Sale | Common Stock | 5,013 | $4.02 | $20K |
Holdings After Transaction:
Common Stock — 16,715 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did FOXX CEO Greg Foley report in this Form 4?
FOXX CEO Greg Foley reported two open-market sales of common stock in March 2026, totaling 7,597 shares. He sold 5,013 shares at $4.02 on March 11, 2026 and 2,584 shares at $3.98 on March 16, 2026.
Does FOXX CEO Greg Foley still have unvested restricted stock outstanding?
Yes. The filing notes unvested restricted shares from an initial grant of 24,312 shares made on November 5, 2024. These remaining unvested shares continue to vest at 1/16 of the original grant each quarter if Foley remains in continuous service.
What type of transactions are reported in Greg Foley’s FOXX Form 4?
The Form 4 reports non-derivative transactions classified as open-market or private sales of common stock. Both trades carry transaction code “S,” indicating sales, and are described as “Sale in open market or private transaction” in the transaction details.