Golden Matrix Group CFO purchases 5,000 GMGI shares at $1.34

Rhea-AI Filing Summary

Richard Christensen, who serves as both CFO and a director of Golden Matrix Group, Inc. (GMGI), reported a purchase of 5,000 shares of the company’s common stock at $1.34 per share on 08/13/2025. Following this transaction he beneficially owns 50,000 shares in a direct capacity. The filing shows the trade was coded as a purchase and includes no derivative transactions.

Insights

Financial Analyst

TL;DR: CFO purchased 5,000 GMGI shares at $1.34, raising direct holdings to 50,000; this is a small, nonmaterial insider buy.

The reported purchase is explicit and straightforward: 5,000 common shares acquired at $1.34 each on 08/13/2025, increasing direct beneficial ownership to 50,000 shares. From a financial-materiality perspective, the filing does not indicate a large or clearly market-moving transaction. There are no options, warrants, or other derivatives disclosed, and no additional context about outstanding share count is provided to assess percentage ownership.

Corporate Governance Expert

TL;DR: Insider disclosure is complete and consistent with Section 16; purchase signals alignment but lacks scale to be materially impactful.

The Form 4 reports a direct purchase by an officer who is also a director, fulfilling disclosure obligations. The record shows a single non-derivative acquisition coded as a purchase and lists direct ownership after the trade. While insider purchases can indicate alignment with shareholders, this filing on its face shows a modest transaction without additional governance implications or related-party arrangements disclosed.

Insider Trade Summary

Net Buyer: 5,000 shares

Net Buy 1 txn

Insider Christensen Richard

Role CFO

Bought 5,000 shs ($7K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	5,000	$1.34	$7K

Holdings After Transaction: Common Stock — 50,000 shares (Direct)

FAQ

What transaction did Richard Christensen report for GMGI on Form 4?

He reported a purchase of 5,000 common shares at $1.34 per share on 08/13/2025.

How many GMGI shares does Richard Christensen beneficially own after the transaction?

He beneficially owns 50,000 shares following the reported transaction.

What is Richard Christensen’s role at Golden Matrix Group (GMGI)?

The filing lists him as a Director and as an Officer with the title CFO.

Were any derivative securities reported in this Form 4 for GMGI?

No. Table II for derivative securities contains no entries in this filing.

Was the transaction reported as direct or indirect ownership?

The reported holdings are shown as Direct (D) beneficial ownership.

What transaction code was used to describe the trade?

The trade is coded as P, indicating a purchase.

Did the Form 4 disclose any other trades or remarks?

No other transactions or explanatory remarks are disclosed in the provided content.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 08/14/2025 - 08:00 AM Learn about SEC filing dates

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

SUITE 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)
08/13/2025

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	08/13/2025		P		5,000	A	$1.34	50,000	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:

Remarks:

	/s/ Richard Christensen	08/14/2025
	** 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.