Giftify (GIFT) VP sells 1,000 shares, holds 41,270 after trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Giftify, Inc. Vice President, Sales Timothy William Miller reported an open-market sale of 1,000 shares of Common Stock at $1.00 per share on March 18, 2026. After this transaction, he directly owned 41,270 shares of Giftify common stock.
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 — 41,270 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 1,000 shares
Sale price: $1.00 per share
Shares held after: 41,270 shares
+1 more
4 metrics
Shares sold
1,000 shares
Open-market sale of Common Stock on March 18, 2026
Sale price
$1.00 per share
Transaction price for 1,000 Giftify common shares
Shares held after
41,270 shares
Direct ownership of Giftify Common Stock following the sale
Net shares sold
1,000 shares
Net sell direction in transaction summary
Key Terms
open-market sale, Common Stock, Form 4
3 terms
open-market sale financial
"transaction_action": "open-market sale""
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
"security_title": "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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Giftify (GIFT) report for Timothy William Miller?
Giftify reported that Timothy William Miller sold 1,000 common shares. The Vice President, Sales executed an open-market sale of 1,000 shares of Giftify Common Stock at $1.00 per share on March 18, 2026, as disclosed in the Form 4 filing.
What role does Timothy William Miller hold at Giftify (GIFT)?
Timothy William Miller serves as Vice President, Sales at Giftify. The Form 4 identifies him as an officer of Giftify, Inc. with the title "Vice President, Sales," and reports his direct ownership and recent open-market sale of Common Stock.
Was the Giftify (GIFT) insider transaction a buy or a sell?
The insider transaction was a sale of Giftify shares. The Form 4 lists transaction code "S" and characterizes it as an open-market sale, with transaction_direction recorded as "sell" and 1,000 shares of Common Stock disposed of at $1.00 per share.