Flexible Solutions (FSI) CEO reports 36.1% stake and recent share sales
Rhea-AI Filing Summary
Flexible Solutions International CEO Daniel B. O’Brien has filed an amended ownership report showing beneficial ownership of 4,595,156 common shares, representing 36.1% of the company’s stock. He reports sole voting and dispositive power over these shares and no shared power.
The filing also lists recent open-market sales on the NYSE American: 56,000 shares at $5.90 on January 27, 45,500 shares at $5.84 on January 28, 4,003 shares at $5.89 on January 29, and 16,497 shares at $5.87 on February 3. The amendment notes no special contracts or arrangements related to these securities.
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Insights
CEO still holds 36.1% but has recently sold some shares.
Daniel B. O’Brien, CEO of Flexible Solutions International, reports beneficial ownership of 4,595,156 common shares, or 36.1% of the company. He retains sole voting and dispositive power, indicating continued strong influence over shareholder decisions.
The report details recent NYSE American sales: 56,000 shares at $5.90 on January 27, 45,500 at $5.84 on January 28, 4,003 at $5.89 on January 29, and 16,497 at $5.87 on February 3. These transactions modestly reduce his holdings but leave a substantial controlling stake.
The filing states there are no contracts or arrangements relating to these securities, suggesting straightforward open-market activity. Future ownership updates in subsequent beneficial ownership reports will clarify any further changes in his percentage stake or trading pattern.