Intrusion (INTZ) Form 4: CEO Disposes of 18,254 Shares; Ownership 636,618
Rhea-AI Filing Summary
Intrusion, Inc. (INTZ) Chief Executive Officer and director Scott Anthony reported multiple open‑market sales of company common stock on 08/15/2025. He sold a total of 18,254 shares in four transactions at prices ranging from $1.78 to $1.7951. After these dispositions his reported beneficial ownership was 636,618 shares. The Form 4 was signed on 08/19/2025 and notes the sales were made pursuant to company policy limiting transactions to a designated open trading period.
Positive
- Insider disclosure filed in compliance with Section 16 and signed by the reporting person on 08/19/2025
- Sales executed within company policy, with the filer stating transactions were limited to a designated open trading period
Negative
- CEO disposed of 18,254 shares on 08/15/2025 in four transactions at $1.78–$1.7951
- Reported beneficial ownership declined to 636,618 shares following the transactions
Insights
TL;DR: CEO sold 18,254 shares in the open trading window; ownership remains 636,618 shares.
The transactions are routine open‑market dispositions executed within the company’s stated trading window. The filings list four sales on 08/15/2025 totaling 18,254 shares at prices between $1.78 and $1.7951, leaving 636,618 shares beneficially owned. For investors, the filing confirms compliance with policy and updates outstanding insider ownership levels but does not provide additional information on corporate performance or material events.
TL;DR: Disclosure aligns with Section 16 requirements and cites company policy for timing.
The Form 4 is properly executed and includes an explanation that sales occurred during an approved open trading period, which supports the affirmative defense under Rule 10b5‑1 if applicable. The report documents the CEO’s reduced but substantial continuing ownership. The filing contains no indication of amendments, derivatives, or related party transactions beyond the CEO’s direct sales.