[Form 4] Golden Matrix Group, Inc. Insider Trading Activity
Richard Christensen, listed as CFO of Golden Matrix Group, Inc. (GMGI), reported purchasing 25,000 shares of the issuer's common stock on 08/26/2025 at prices ranging from $1.25 to $1.35. Following the reported transaction, the filing shows he beneficially owns 75,000 shares. The Form 4 was signed on 08/27/2025 and filed by one reporting person. The reporting person stated they will provide, upon request, a breakdown of how many shares were purchased at each price within the disclosed range.
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Insights
TL;DR: Insider purchase of 25,000 shares at $1.25–$1.35 increases CFO's stake to 75,000 shares; transaction appears routine.
The Form 4 discloses a non-derivative acquisition of 25,000 common shares executed on 08/26/2025 at prices within a narrow range ($1.25–$1.35). The filing documents the reporting person's current beneficial ownership at 75,000 shares and includes a commitment to provide a per-price breakdown on request. There are no derivative transactions or dispositions reported. From a capital-markets perspective, this is a straight purchase by an officer and is presented without indications of hedging or plan-based trading.
TL;DR: Officer purchase disclosed on Form 4, properly signed; provides required supplemental disclosure commitment.
The filing identifies Richard Christensen as an officer (CFO) and checks the director box, reports a single-line non-derivative acquisition, and is signed. The Form 4 includes the standard explanatory footnote about the price range and an undertaking to disclose per-price allocations upon request, which supports transparency. The form indicates it was filed by one reporting person and contains no amendments or joint filers. No governance concerns or departures are indicated in this filing.