Insider Michael Sevell adds 10,754,542 Hammer Technology (HMMR) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HAMMER TECHNOLOGY HOLDINGS CORP. director and ten percent owner Michael Sevell reported indirect open-market purchases of Common Stock through entities he controls. On April 27, 2026, a related entity bought 600,000 shares at $0.10 per share. On May 25, 2025, another related entity bought 10,154,542 shares at $0.264 per share. After these transactions, entities controlled by Sevell held 18,822,778 shares of Hammer Technology common stock indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,754,542 shares ($2,740,799)
Net Buy
2 txns
Insider
SEVELL MICHAEL
Role
null
Bought
10,754,542 shs ($2.74M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 600,000 | $0.10 | $60K |
| Purchase | Common Stock | 10,154,542 | $0.264 | $2.68M |
Holdings After Transaction:
Common Stock — 18,822,778 shares (Indirect, Ownership of securities through entities controlled by Mr. Sevell.)
Footnotes (1)
- The 10,154,542 shares purchased at .264cents was purchased by a related party entity Caban Global Reach Private Equity LP which the individual has a general partner - managing member interest. The 600,000 shares purchased at .10cents was purchased by a related party entity Mica Investments LLC which the individual has a general partner - managing member interest.
Key Figures
Shares purchased (May 25, 2025): 10,154,542 shares
Shares purchased (April 27, 2026): 600,000 shares
Total shares bought in reported trades: 10,754,542 shares
+3 more
6 metrics
Shares purchased (May 25, 2025)
10,154,542 shares
Common Stock bought at $0.264 per share by related entity
Shares purchased (April 27, 2026)
600,000 shares
Common Stock bought at $0.10 per share by related entity
Total shares bought in reported trades
10,754,542 shares
Sum of reported open-market purchases by related entities
Holdings after latest transaction
18,822,778 shares
Indirect Common Stock ownership through entities controlled by Sevell
Purchase price (large block)
$0.264 per share
Price for 10,154,542-share Common Stock purchase
Purchase price (smaller block)
$0.10 per share
Price for 600,000-share Common Stock purchase
Key Terms
open-market purchase, indirect ownership, related party entity, ten percent owner
4 terms
open-market purchase financial
"transaction_action: open-market purchase of Common Stock by related entities"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"total_shares_following_transaction reported as indirect ownership through entities"
ten percent owner financial
"reporting person is identified as a ten percent owner of the issuer"
FAQ
What insider transactions did HMMR director Michael Sevell report on this Form 4?
Michael Sevell reported two indirect open-market purchases of Hammer Technology common stock. Related entities acquired 10,154,542 shares at $0.264 and 600,000 shares at $0.10 per share, increasing his indirect holdings through controlled entities.
Are Michael Sevell’s Hammer Technology (HMMR) holdings direct or indirect?
The Form 4 shows Sevell’s reported Hammer Technology holdings as indirect. Shares are held through related entities Caban Global Reach Private Equity LP and Mica Investments LLC, where he has a general partner or managing member interest, rather than direct personal ownership.