[144] Robinhood Markets, Inc. SEC Filing

Rhea-AI Filing Summary

Golden Matrix Group, Inc. (GMGI) Form 4 filing: Director Thomas E. McChesney reported two open-market stock sales. On 23 June 2025 he sold 5,000 common shares at $1.65; on 24 June 2025 he sold another 5,000 shares at $1.82. Following the transactions, McChesney directly owns 284,710 GMGI shares, remaining a board member and >10% owner status is not indicated. The filing discloses no derivative activity, contracts, or 10b5-1 plans. Investors may view the combined 10,000-share sale as modest (≈3% of his reported stake) but worth monitoring for future insider-trading trends.

Positive

• None.

Negative

• Director insider selling: Thomas McChesney sold a total of 10,000 GMGI shares on 23-24 Jun 2025 at $1.65-$1.82, reducing his stake to 284,710 shares.

Insights

Securities Analyst

TL;DR: Director trimmed 3% of holdings; modest insider sale, limited market impact.

The Form 4 shows Thomas McChesney executed two small sell orders totaling 10,000 shares at prices ranging from $1.65-$1.82, leaving him with 284,710 shares. The disposal represents roughly 3-4 % of his reported ownership, signalling portfolio rebalancing rather than a strategic exit. No accompanying 10b5-1 annotation suggests discretionary timing, yet the size is insufficient to materially alter the company’s insider-ownership profile. Overall market impact is likely neutral, though continued selling could indicate waning insider confidence.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	175000	14530250.00	767047021	06/30/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/30/2025	Exercise of Stock Options	Issuer			175000	06/30/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for JASON WARNICK 85 Willow Road Menlo Park CA 94025	Common	06/25/2025	350000	29270375.00
10b5-1 Sales for JASON WARNICK 85 Willow Road Menlo Park CA 94025	COMMON	05/27/2025	25000	1648832.50
JASON WARNICK 85 Willow Road Menlo Park CA 94025	Common	05/14/2025	50000	3098780.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many GMGI shares did Director Thomas McChesney sell?

He sold 10,000 common shares across two transactions.

At what prices were the GMGI shares sold according to the Form 4?

The shares were sold at $1.65 on 23 Jun 2025 and $1.82 on 24 Jun 2025.

How many GMGI shares does McChesney own after these transactions?

He directly owns 284,710 shares following the reported sales.

What is Thomas McChesney’s relationship to Golden Matrix Group?

He is listed as a Director of the company.

Were any derivative securities involved in this Form 4 filing?

No. The filing shows no derivative securities acquired or disposed.