Mama's Creations CEO files Form 4 sale under 10b5-1 plan
Rhea-AI Filing Summary
Mama's Creations, Inc. (MAMA) reported an insider transaction by CEO and director Adam Michaels. On October 13, 2025, he sold 3,512 shares of common stock at $10.7 per share, coded S. The filing states the sale was under a Rule 10b5-1 “sell to cover” plan adopted on July 13, 2025 to satisfy tax withholding upon settlement of previously granted restricted stock awards. After this transaction, he beneficially owns 595,148 shares, held directly.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,512 | $10.70 | $38K |
Footnotes (1)
- F1. Sales effected pursuant to a Rule 10b5-1 "sell to cover" trading plan adopted by the reporting person on July 13, 2025 for the purpose of satisfying the Reporting Person's tax withholding obligations upon the settlement of previously granted restricted stock awards.
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FAQ
What did MAMA disclose in this Form 4?
The CEO and director, Adam Michaels, reported a sale of 3,512 common shares at $10.7 on October 13, 2025.
When was the CEO’s 10b5-1 plan adopted?
The plan was adopted on July 13, 2025.
What was the transaction code in the filing?
The transaction was coded S, indicating a sale.
Is the ownership direct or indirect after the transaction?
The filing lists ownership as Direct (D).
What is the issuer’s ticker and full name?
Mama's Creations, Inc. (MAMA).