Giftify (GIFT) VP sells 1,000 common shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Giftify, Inc. Vice President of Sales Timothy William Miller reported an open-market sale of 1,000 shares of Common Stock at $1.00 per share. After this transaction, he directly holds 39,833 Giftify shares, indicating he retains a substantial ongoing equity stake.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,000 shares ($1,000)
Net Sell
1 txn
Insider
Miller Timothy William
Role
Vice President, Sales
Sold
1,000 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $1.00 | $1K |
Holdings After Transaction:
Common Stock — 39,833 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 1,000 shares
Sale price: $1.00 per share
Shares held after transaction: 39,833 shares
+1 more
4 metrics
Shares sold
1,000 shares
Open-market sale on 2026-04-01
Sale price
$1.00 per share
Price for Common Stock sold
Shares held after transaction
39,833 shares
Direct ownership after sale
Net share change
-1,000 shares
Net-sell direction from transactionSummary
Key Terms
open-market sale, Common Stock, non-derivative
3 terms
open-market sale financial
"The transaction is described as an open-market sale of Common Stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"The reported transaction involves 1,000 shares of Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"The filing classifies the security as non-derivative in nature."
FAQ
What did Giftify (GIFT) disclose in this Form 4 filing?
Giftify reported that Vice President of Sales Timothy William Miller executed an open-market sale of company Common Stock. The filing shows he sold 1,000 shares at $1.00 per share and continues to directly own 39,833 shares following the transaction.
What role does the insider in this Giftify (GIFT) Form 4 hold?
The reporting person in this Form 4, Timothy William Miller, serves as Giftify’s Vice President of Sales. The filing identifies him as an officer, linking the reported open-market stock sale directly to a member of the company’s senior management team.
Was the Giftify (GIFT) insider transaction in derivatives or common stock?
The Form 4 shows a transaction only in Giftify Common Stock, categorized as a non-derivative security. There are no derivative transactions or remaining derivative positions listed, indicating this filing covers just a straightforward common share sale.