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[8-K] Lottery.com, Inc. Warrants Reports Material Event

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(Neutral)
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(Neutral)
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8-K
Rhea-AI Filing Summary

Wells Fargo & Company (WFC) – Form 4 insider filing

Director Ronald Sargent reported one routine transaction dated 1 Jul 2025. He acquired 490.8578 phantom stock units at a reference price of $81.49 under the company’s deferred-compensation plan (transaction code A). Each unit is economically equivalent to one share of common stock. After the purchase, the director directly owns 67,695.7607 phantom stock units and 81 common shares, plus 18,050 common shares held indirectly through a revocable trust. No derivative sales or option exercises were disclosed. The filing reflects ongoing equity-based compensation and does not signal any operational or strategic change for Wells Fargo.

Wells Fargo & Company (WFC) – comunicazione interna Form 4

Il direttore Ronald Sargent ha segnalato una transazione ordinaria datata 1 luglio 2025. Ha acquisito 490,8578 unità di azioni fantasma a un prezzo di riferimento di 81,49 $ nell'ambito del piano di compensazione differita dell’azienda (codice transazione A). Ogni unità corrisponde economicamente a una azione ordinaria. Dopo l’acquisto, il direttore detiene direttamente 67.695,7607 unità di azioni fantasma e 81 azioni ordinarie, oltre a 18.050 azioni ordinarie detenute indirettamente tramite un trust revocabile. Non sono state dichiarate vendite di derivati né esercizi di opzioni. La comunicazione riflette la consueta compensazione basata su azioni e non indica alcun cambiamento operativo o strategico per Wells Fargo.

Wells Fargo & Company (WFC) – presentación interna Formulario 4

El director Ronald Sargent informó sobre una transacción rutinaria fechada el 1 de julio de 2025. Adquirió 490,8578 unidades de acciones fantasma a un precio de referencia de $81,49 bajo el plan de compensación diferida de la compañía (código de transacción A). Cada unidad equivale económicamente a una acción común. Tras la compra, el director posee directamente 67.695,7607 unidades de acciones fantasma y 81 acciones comunes, además de 18.050 acciones comunes mantenidas indirectamente a través de un fideicomiso revocable. No se divulgaron ventas de derivados ni ejercicios de opciones. La presentación refleja la compensación continua basada en acciones y no indica ningún cambio operativo o estratégico para Wells Fargo.

웰스 파고 & 컴퍼니(WFC) – 내부자 신고서 Form 4

이사 Ronald Sargent는 2025년 7월 1일자 일상적인 거래를 보고했습니다. 그는 회사의 이연 보상 계획에 따라 490.8578개의 팬텀 스톡 유닛을 취득했으며, 기준 가격은 $81.49였습니다(거래 코드 A). 각 유닛은 보통주 1주와 경제적으로 동일합니다. 매수 후, 이사는 직접 67,695.7607개의 팬텀 스톡 유닛과 81주의 보통주를 보유하고 있으며, 18,050주의 보통주는 취소 가능한 신탁을 통해 간접적으로 보유하고 있습니다. 파생상품 매도나 옵션 행사 내역은 공개되지 않았습니다. 이 신고는 지속적인 주식 기반 보상을 반영하며, 웰스 파고의 운영이나 전략적 변화 신호는 아닙니다.

Wells Fargo & Company (WFC) – déclaration d’initié Formulaire 4

Le directeur Ronald Sargent a déclaré une transaction courante datée du 1er juillet 2025. Il a acquis 490,8578 unités d’actions fantômes à un prix de référence de 81,49 $ dans le cadre du plan de rémunération différée de la société (code de transaction A). Chaque unité équivaut économiquement à une action ordinaire. Après cet achat, le directeur détient directement 67 695,7607 unités d’actions fantômes et 81 actions ordinaires, ainsi que 18 050 actions ordinaires détenues indirectement via une fiducie révocable. Aucune vente de dérivés ni exercice d’options n’a été divulgué. Cette déclaration reflète une rémunération continue basée sur des actions et n’indique aucun changement opérationnel ou stratégique pour Wells Fargo.

Wells Fargo & Company (WFC) – Insider-Meldung Form 4

Direktor Ronald Sargent meldete eine routinemäßige Transaktion vom 1. Juli 2025. Er erwarb 490,8578 Phantom-Aktieneinheiten zu einem Referenzpreis von 81,49 $ im Rahmen des aufgeschobenen Vergütungsplans des Unternehmens (Transaktionscode A). Jede Einheit entspricht wirtschaftlich einer Stammaktie. Nach dem Kauf besitzt der Direktor direkt 67.695,7607 Phantom-Aktieneinheiten und 81 Stammaktien sowie 18.050 Stammaktien, die indirekt über einen widerruflichen Trust gehalten werden. Es wurden keine Derivatverkäufe oder Optionsausübungen offengelegt. Die Meldung spiegelt die laufende aktienbasierte Vergütung wider und signalisiert keine operative oder strategische Veränderung für Wells Fargo.

Positive
  • Director increased equity exposure through acquisition of 490.8578 phantom stock units, modestly reinforcing alignment with shareholder interests.
Negative
  • None.

Insights

TL;DR: Small insider purchase; minimal direct valuation impact.

The addition of roughly $40 k in phantom units is an immaterial amount relative to Wells Fargo’s market capitalization. It nevertheless modestly aligns the director’s incentives with shareholders. Because the units are part of a deferred-compensation program, the move appears routine rather than opportunistic. I view the disclosure as neutral from a price-moving perspective.

TL;DR: Routine deferred-compensation grant, governance-neutral.

Phantom stock units are common for non-employee directors. The transaction follows standard policy, with no indication of new 10b5-1 plans or unusual timing. Sargent’s sizable cumulative holdings (67.7 k units + 18 k shares) suggest meaningful skin in the game, but the incremental change is too small to alter governance risk assessments. Impact: neutral.

Wells Fargo & Company (WFC) – comunicazione interna Form 4

Il direttore Ronald Sargent ha segnalato una transazione ordinaria datata 1 luglio 2025. Ha acquisito 490,8578 unità di azioni fantasma a un prezzo di riferimento di 81,49 $ nell'ambito del piano di compensazione differita dell’azienda (codice transazione A). Ogni unità corrisponde economicamente a una azione ordinaria. Dopo l’acquisto, il direttore detiene direttamente 67.695,7607 unità di azioni fantasma e 81 azioni ordinarie, oltre a 18.050 azioni ordinarie detenute indirettamente tramite un trust revocabile. Non sono state dichiarate vendite di derivati né esercizi di opzioni. La comunicazione riflette la consueta compensazione basata su azioni e non indica alcun cambiamento operativo o strategico per Wells Fargo.

Wells Fargo & Company (WFC) – presentación interna Formulario 4

El director Ronald Sargent informó sobre una transacción rutinaria fechada el 1 de julio de 2025. Adquirió 490,8578 unidades de acciones fantasma a un precio de referencia de $81,49 bajo el plan de compensación diferida de la compañía (código de transacción A). Cada unidad equivale económicamente a una acción común. Tras la compra, el director posee directamente 67.695,7607 unidades de acciones fantasma y 81 acciones comunes, además de 18.050 acciones comunes mantenidas indirectamente a través de un fideicomiso revocable. No se divulgaron ventas de derivados ni ejercicios de opciones. La presentación refleja la compensación continua basada en acciones y no indica ningún cambio operativo o estratégico para Wells Fargo.

웰스 파고 & 컴퍼니(WFC) – 내부자 신고서 Form 4

이사 Ronald Sargent는 2025년 7월 1일자 일상적인 거래를 보고했습니다. 그는 회사의 이연 보상 계획에 따라 490.8578개의 팬텀 스톡 유닛을 취득했으며, 기준 가격은 $81.49였습니다(거래 코드 A). 각 유닛은 보통주 1주와 경제적으로 동일합니다. 매수 후, 이사는 직접 67,695.7607개의 팬텀 스톡 유닛과 81주의 보통주를 보유하고 있으며, 18,050주의 보통주는 취소 가능한 신탁을 통해 간접적으로 보유하고 있습니다. 파생상품 매도나 옵션 행사 내역은 공개되지 않았습니다. 이 신고는 지속적인 주식 기반 보상을 반영하며, 웰스 파고의 운영이나 전략적 변화 신호는 아닙니다.

Wells Fargo & Company (WFC) – déclaration d’initié Formulaire 4

Le directeur Ronald Sargent a déclaré une transaction courante datée du 1er juillet 2025. Il a acquis 490,8578 unités d’actions fantômes à un prix de référence de 81,49 $ dans le cadre du plan de rémunération différée de la société (code de transaction A). Chaque unité équivaut économiquement à une action ordinaire. Après cet achat, le directeur détient directement 67 695,7607 unités d’actions fantômes et 81 actions ordinaires, ainsi que 18 050 actions ordinaires détenues indirectement via une fiducie révocable. Aucune vente de dérivés ni exercice d’options n’a été divulgué. Cette déclaration reflète une rémunération continue basée sur des actions et n’indique aucun changement opérationnel ou stratégique pour Wells Fargo.

Wells Fargo & Company (WFC) – Insider-Meldung Form 4

Direktor Ronald Sargent meldete eine routinemäßige Transaktion vom 1. Juli 2025. Er erwarb 490,8578 Phantom-Aktieneinheiten zu einem Referenzpreis von 81,49 $ im Rahmen des aufgeschobenen Vergütungsplans des Unternehmens (Transaktionscode A). Jede Einheit entspricht wirtschaftlich einer Stammaktie. Nach dem Kauf besitzt der Direktor direkt 67.695,7607 Phantom-Aktieneinheiten und 81 Stammaktien sowie 18.050 Stammaktien, die indirekt über einen widerruflichen Trust gehalten werden. Es wurden keine Derivatverkäufe oder Optionsausübungen offengelegt. Die Meldung spiegelt die laufende aktienbasierte Vergütung wider und signalisiert keine operative oder strategische Veränderung für Wells Fargo.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 2, 2025

 

Lottery.com Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware   001-38508   No. 81-1996183
(State or Other Jurisdiction
of Incorporation)
  (Commission File
Number)
  (I.R.S. Employer
Identification No.)

 

5049 Edwards Ranch Rd., 4th Floor

Fort Worth, Texas

  76109
(Address of Principal Executive Offices)   (Zip Code)

 

(737) 309-4500

(Registrant’s Telephone Number, Including Area Code)

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Exchange Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.001 per share   LTRY   The Nasdaq Stock Market LLC
Warrants to purchase one share of common stock, each at an exercise price of $230.00   LTRYW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 (a) of the Exchange Act.

 

 

 

 

 

 

Item 8.01. Other Events.

 

Lottery.com Inc. (the “Company” or the “Registrant”) would like to inform and confirm that there is no Lottery.com 2023 Incentive Award Plan (“2023 Plan”). Any reference to a 2023 Plan in filings with the Securities Exchange Commission from October of 2023 to April of 2025 is misstated and should instead reference “The Lottery.com 2021 Incentive Award Plan” (the “2021 Plan”). This is to confirm the only Incentive Award Plan for the Company is “The Lottery.com 2021 Incentive Award Plan” which was approved by the shareholders and registered by the Company on Form S-8 dated April 6, 2022. All Awards granted from October of 2023 were granted in accordance with the 2021 Plan.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Lottery.com Inc.
     
  By: /s/ Matthew McGahan
  Name: Matthew McGahan
  Title: Chief Executive Officer

 

July 3, 2025

 

 

FAQ

How many Wells Fargo phantom stock units did Director Ronald Sargent acquire on 1 July 2025?

He acquired 490.8578 phantom stock units, each equivalent to one WFC common share.

What was the reference price for the phantom units purchased by the WFC director?

The units were booked at $81.49 per phantom share.

What are Ronald Sargent’s total Wells Fargo holdings after the reported transaction?

He directly owns 67,695.7607 phantom units and 81 common shares, plus 18,050 common shares via a revocable trust.

Was this Form 4 transaction a purchase or a sale of Wells Fargo shares?

It was a purchase (code A) of phantom stock units; no sales were reported.

Does the filing mention use of a Rule 10b5-1 trading plan?

The checkbox for Rule 10b5-1 was not marked, indicating no 10b5-1 plan for this transaction.
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