HRT Financial LP (KUST) logs buy and larger sale of Kustom Entertainment shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KUSTOM ENTERTAINMENT, INC. ten percent owner HRT Financial LP reported mixed open-market trades in Common Stock, buying 25,791 shares at $1.11 and selling 54,638 shares at $1.44.
Following these transactions, HRT Financial LP directly holds 17,869 Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 28,847 shares ($78,679)
Net Sell
2 txns
Insider
HRT FINANCIAL LP
Role
10% Owner
Bought
25,791 shs ($29K)
Sold
54,638 shs ($79K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 54,638 | $1.44 | $79K |
| Purchase | Common Stock | 25,791 | $1.11 | $29K |
Holdings After Transaction:
Common Stock — 17,869 shares (Direct)
Footnotes (1)
Key Figures
Shares purchased: 25,791 shares
Purchase price: $1.11/share
Shares sold: 54,638 shares
+3 more
6 metrics
Shares purchased
25,791 shares
Open-market purchase of Common Stock at $1.11 per share
Purchase price
$1.11/share
Price for 25,791-share open-market purchase of Common Stock
Shares sold
54,638 shares
Open-market sale of Common Stock at $1.44 per share
Sale price
$1.44/share
Price for 54,638-share open-market sale of Common Stock
Net shares sold
28,847 shares
Net sell volume across reported buy and sell transactions
Shares after sale
17,869 shares
Direct Common Stock holdings following the transactions
Key Terms
open-market sale, open-market purchase, ten percent owner, non-derivative
4 terms
open-market sale financial
"transaction_action: "open-market sale" for 54,638 Common Stock shares"
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.
open-market purchase financial
"transaction_action: "open-market purchase" for 25,791 Common Stock shares"
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.
ten percent owner financial
"HRT FINANCIAL LP is marked as a "ten percent owner" of the issuer"
non-derivative financial
"transaction_type is listed as "non-derivative" for each Common Stock trade"
FAQ
What insider activity did HRT Financial LP report for KUST?
HRT Financial LP reported both a purchase and a sale of KUST common stock. It bought 25,791 shares at $1.11 per share, then sold 54,638 shares at $1.44 per share in open-market transactions.
What is HRT Financial LP’s remaining Kustom Entertainment (KUST) position after these trades?
After the reported transactions, HRT Financial LP directly holds 17,869 KUST common shares. This post-transaction balance reflects both the 25,791-share purchase and the 54,638-share sale disclosed in the Form 4 filing.
Is HRT Financial LP considered a major holder of Kustom Entertainment (KUST)?
Yes, HRT Financial LP is identified as a ten percent owner of KUST. The Form 4 flags it as a ten percent owner, which requires reporting changes in beneficial ownership of the company’s common stock to the SEC.