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[Form 4] Golden Matrix Group, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

Richard Christensen, the Chief Financial Officer of Golden Matrix Group, Inc. (GMGI), reported acquiring common stock on 08/11/2025, increasing his direct holdings to 40,000 shares after the purchases. The Form 4 lists an aggregate acquisition of 30,000 shares on that date with a representative price shown as $1.39. A footnote clarifies the purchases occurred in multiple transactions at prices ranging from $1.36 to $1.42 and that the reporting person will provide breakdowns upon request.

The filing shows no derivative securities reported and identifies the transaction with code P, indicating a purchase; beneficial ownership is shown as direct.

Positive
  • CFO Richard Christensen purchased 30,000 common shares, indicating an insider buying activity.
  • Reported beneficial ownership increased to 40,000 shares held directly after the transaction.
  • Purchase price disclosure includes a representative price of $1.39 and a footnote price range of $1.36–$1.42, with an offer to provide detailed breakdowns on request.
  • No derivative securities were reported in Table II, leaving the disclosure focused on straightforward equity purchases.
Negative
  • None.

Insights

TL;DR: CFO purchased 30,000 GMGI shares, raising direct holdings to 40,000—small absolute size but a clear insider purchase signal.

The Form 4 documents a direct purchase of 30,000 common shares on 08/11/2025 with a representative price of $1.39 and an explicit price range of $1.36–$1.42 for multiple transactions. The increase to 40,000 shares of direct beneficial ownership is verifiable and there are no reported derivative positions. While the position size appears modest in isolation, the transaction is an unequivocal insider purchase disclosed under Section 16 and therefore a transparent, positive data point for investors assessing insider alignment with shareholders.

TL;DR: Form 4 appears complete and compliant, with a footnote offering additional pricing detail on request; no governance red flags in disclosed fields.

The filing identifies Richard Christensen as an officer (CFO) and reports a non-derivative acquisition using transaction code P. The footnote provides a price range and a commitment to supply granular pricing on request, which supports transparency. Table II lists no derivative transactions. The form is filed by one reporting person and contains the required disclosure elements for a Section 16 insider purchase; the submission appears routine from a compliance perspective.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Christensen Richard

(Last) (First) (Middle)
3651 LINDELL RD
STE D131

(Street)
LAS VEGAS NV 89103

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Golden Matrix Group, Inc. [ GMGI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/11/2025 P 30,000 A $1.39(1) 40,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. These shares were purchased in multiple transactions at prices ranging from $1.36 to $1.42, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Remarks:
/s/ Richard Christensen 08/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did GMGI CFO Richard Christensen report on the Form 4?

He reported acquiring common stock: an aggregate of 30,000 shares on 08/11/2025, raising his direct holdings to 40,000 shares.

At what prices were the GMGI shares purchased?

The filing shows a representative price of $1.39 and a footnote states purchases occurred at prices ranging from $1.36 to $1.42.

Does the Form 4 show purchases or sales for GMGI?

The transaction code reported is P, indicating a purchase of common stock.

Are there any derivative transactions reported by the GMGI insider?

No. Table II lists no derivative securities acquired, disposed of, or beneficially owned.

How is the reported ownership held after the transaction?

The filing shows the post-transaction beneficial ownership is held directly and totals 40,000 shares.
Golden Matrix

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Electronic Gaming & Multimedia
Services-prepackaged Software
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United States
LAS VEGAS