[Form 4] GOLD ROCK HOLDINGS, INC. Insider Trading Activity
Marcus Daley, a director, CEO and 10% owner of Gold Rock Holdings, Inc. (GRHI), reported a sale of 12,242,307 shares of common stock under a Code G transaction. The form shows Amount of Securities Beneficially Owned Following the reported transaction as 152,790,212 shares. The filing lists a transaction date of 09/22/2025 in Table I while the "Date of Earliest Transaction" field shows 09/22/2024. The report is signed by Marcus Daley on 09/24/2025. No derivative transactions or prices are disclosed in Table II.
- Continued substantial ownership: Reporting person retains 152,790,212 shares after the reported disposition, indicating sustained alignment with shareholders
- Large disposal: Reporting person sold 12,242,307 shares, which is a sizable transaction in absolute terms
- Inconsistent dates and missing price: The form shows 09/22/2025 in Table I and 09/22/2024 as the "Date of Earliest Transaction," and no per-share price is disclosed, limiting clarity
Insights
TL;DR: Significant insider sale recorded while reporting holder retains a large residual stake; date fields show inconsistencies.
The Form 4 documents a substantial disposal of 12.24 million common shares by Marcus Daley, who remains a major holder with 152.79 million shares after the sale. The filing explicitly lists the Table I transaction date as 09/22/2025 and the "Date of Earliest Transaction" as 09/22/2024, which is an internal inconsistency that should be clarified by the company. No price per share is reported for the disposed shares and Table II contains no derivative activity. For governance reviewers, the materiality stems from the size of the sale relative to insider holdings and the need for clear, consistent reporting dates.
TL;DR: Insider disposed a meaningful block but preserved significant ownership; missing price and date mismatch limit market impact assessment.
The filing shows a Code G sale of 12,242,307 shares with zero price disclosed in Table I and leaves the reporter owning 152,790,212 shares. Code G typically indicates a sale pursuant to a rule 10b5-1 trading plan or similar placing of shares into a plan; however, the Form does not include explanatory detail beyond the transaction code. Absence of price information and conflicting transaction dates (09/22/2025 vs 09/22/2024) constrain quantitative assessment of proceeds and timing. Impact to investors depends on context not provided in this Form 4.