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

Rhea-AI Filing Summary

Richard Christensen, Chief Financial Officer of Golden Matrix Group, Inc. (GMGI), reported an insider purchase. On 09/02/2025 he acquired 20,000 shares of GMGI common stock in transactions priced between $0.98 and $1.15 per share (the Form 4 lists an aggregate price of $1.04). After the reported purchase his beneficial ownership totaled 95,000 shares, held directly. The filing includes a covenant that the reporting person will provide details on the number of shares bought at each separate price within the disclosed range if requested.

Positive

• CFO purchased 20,000 shares, indicating management bought company stock on 09/02/2025
• Beneficial ownership increased to 95,000 shares following the reported transactions
• Purchase price range disclosed ($0.98 to $1.15) with an aggregate line price of $1.04 and an offer to provide per-price allocation, which improves transparency

Negative

• None.

Insights

Securities Analyst

TL;DR: The CFO executed a discretionary buy of company stock, modestly increasing direct ownership to 95,000 shares.

The Form 4 shows a 20,000-share acquisition on 09/02/2025 at prices within $0.98–$1.15, with an aggregate line price shown as $1.04. Insider purchases are often viewed positively because they align management with shareholders, though the filing provides no context on the transaction size relative to total shares outstanding or any trading plan. The reporting person’s offer to disclose per-price allocation improves transparency.

Corporate Governance Expert

TL;DR: A clearly disclosed insider purchase with supporting footnote enhances transparency but lacks broader context on intent.

The filing cleanly reports the CFO’s direct purchase of 20,000 common shares and confirms 95,000 shares beneficially owned following the transaction. The footnote discloses a price range and a commitment to provide detailed allocation on request, which helps compliance and investor scrutiny. The Form 4 does not indicate a Rule 10b5-1 plan or other pre-authorization, so readers must rely on the stated facts without additional interpretation.

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)
09/02/2025

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	09/02/2025		P		20,000	A	$1.04(1)	95,000	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 $0.98 to $1.15, 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	09/03/2025
	** 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 insider transaction did GMGI CFO Richard Christensen report on 09/02/2025?

The CFO reported acquiring 20,000 shares of GMGI common stock on 09/02/2025, at prices ranging from $0.98 to $1.15 (aggregate line price shown as $1.04).

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

Following the reported transactions, he beneficially owns 95,000 shares, held directly.

Does the Form 4 disclose the exact prices for each purchase?

No. The filing discloses a price range of $0.98 to $1.15 and states the reporting person will provide details of the number of shares purchased at each separate price upon request.

Was this Form 4 filed individually or jointly?

The form was filed by one reporting person (the box indicates an individual filing).

Does the Form 4 indicate the trades were part of a Rule 10b5-1 trading plan?

The filing does not indicate that the transactions were made pursuant to a Rule 10b5-1 plan; no such instruction box is checked in the provided content.