Gold.com (NASDAQ: AMRK) 10% holder reports sale of 20,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gold.com, Inc. 10% owner William A. Richardson reported an open-market sale of 20,000 shares of common stock at $40.00 per share through the W.A. Richardson Trust dated 12/05/1974.
After this sale, the trust held 277,400 shares, Richardson held 872,434 shares directly, and an additional 1,867,416 shares were held indirectly through Silver Bow Ventures, LLC, where he has a 50% indirect interest and disclaims beneficial ownership beyond that pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($800,000)
Net Sell
3 txns
Insider
RICHARDSON WILLIAM A
Role
10% Owner
Sold
20,000 shs ($800K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common stock, par value $0.01 per share | 20,000 | $40.00 | $800K |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 277,400 shares (Indirect, By W.A. Richardson Trust Dated 12/05/1974);
Common stock, par value $0.01 per share — 872,434 shares (Direct)
Footnotes (1)
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Key Figures
Shares sold: 20,000 shares
Sale price: $40.00 per share
Trust holdings after sale: 277,400 shares
+2 more
5 metrics
Shares sold
20,000 shares
Open-market sale of common stock at $40.00 per share
Sale price
$40.00 per share
Price for 20,000 shares of common stock sold
Trust holdings after sale
277,400 shares
W.A. Richardson Trust common stock position following transaction
Direct holdings after transaction
872,434 shares
Common stock held directly by reporting person after reported date
Indirect LLC holdings
1,867,416 shares
Common stock held indirectly through Silver Bow Ventures, LLC
Key Terms
open-market sale, indirect ownership, beneficial ownership, pecuniary interest, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership for the trust"
beneficial ownership financial
"Shares beneficially owned by Silver Bow Ventures, LLC"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of such shares in excess of his proportionate pecuniary interest"
10% owner financial
"is_ten_percent_owner: 1 for the reporting person"
FAQ
What insider transaction was reported for AMRK on this Form 4?
The filing shows a 10% owner associated with AMRK completed an open-market sale of 20,000 shares of common stock at $40.00 per share. The transaction was executed indirectly through the W.A. Richardson Trust dated December 5, 1974.
What are William A. Richardson’s direct AMRK holdings after the sale?
After the reported transaction, William A. Richardson held 872,434 AMRK common shares directly. This direct position is separate from his indirect holdings through the W.A. Richardson Trust and Silver Bow Ventures, LLC noted in the Form 4.
What indirect AMRK holdings are reported through Silver Bow Ventures, LLC?
The filing reports 1,867,416 AMRK shares held indirectly through Silver Bow Ventures, LLC. Richardson has a 50% indirect ownership interest in this entity and disclaims beneficial ownership of shares beyond his proportionate pecuniary interest.
Is the AMRK insider sale considered an open-market transaction?
Yes. The Form 4 describes the AMRK insider trade as an open-market sale at $40.00 per share. The transaction code and description confirm it as a sale in open market or private transaction, executed through the W.A. Richardson Trust.