Global Innovative Platforms (GIPL) insider reports 92,812-share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Global Innovative Platforms Inc. filed an initial insider ownership report showing that James Carl Jones is a ten percent owner. The filing lists indirect ownership of 92,812 shares of common stock held through the James C Jones 401(k) plan, with no specific buy or sell transaction reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jones James Carl
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common | -- | -- | -- |
Holdings After Transaction:
Common — 92,812 shares (Indirect, Shares of common stock held through James C Jones 401(k), an entity wholly owned)
Footnotes (1)
Key Figures
Indirect common shares held: 92,812 shares
1 metrics
Indirect common shares held
92,812 shares
Beneficial ownership through James C Jones 401(k) as of reported date
Key Terms
ten percent owner, indirect ownership, 401(k)
3 terms
ten percent owner financial
"Reporting person is identified as a ten percent owner of the issuer."
indirect ownership financial
"The 92,812 common shares are reported as indirect ownership."
401(k) financial
"Shares are held through the James C Jones 401(k) plan."
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
FAQ
What does Global Innovative Platforms (GIPL) Form 3 reveal about insider ownership?
The Form 3 shows James Carl Jones as a ten percent owner of Global Innovative Platforms Inc., indirectly holding 92,812 shares of common stock through his James C Jones 401(k) plan as of the reported date.
Is the Global Innovative Platforms (GIPL) Form 3 a record of a new insider trade?
The Form 3 for Global Innovative Platforms Inc. does not report a new trade. It is an initial statement of beneficial ownership, listing 92,812 common shares indirectly held through the James C Jones 401(k) plan instead of detailing recent buying or selling activity.
Why is James Carl Jones classified as a ten percent owner of Global Innovative Platforms (GIPL)?
He is classified as a ten percent owner because, based on the Form 3, his beneficial holdings reach the regulatory threshold. The filing identifies him as a ten percent owner and discloses 92,812 common shares indirectly held through the James C Jones 401(k) plan.