MAMA Form 4: Director Shirley Romig disposes of 4,000 shares
Rhea-AI Filing Summary
Shirley Romig, a director of Mama's Creations, Inc. (MAMA), reported the sale of 4,000 shares of the company's common stock on 09/18/2025. The Form 4 lists a weighted average sale price of $10.1832, with individual sale prices ranging from $10.11 to $10.30. After the reported disposals, the filing shows Romig beneficially owns 17,139 shares as a direct owner. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 09/22/2025. The filer notes willingness to provide detailed per-price sale breakdowns upon request.
Positive
- Compliance: Transaction disclosed on Form 4 with date and weighted average price, demonstrating regulatory compliance
- Transparency offer: Reporting person offers to provide per-price sale details upon request
Negative
- Insider sale: Director disposed of 4,000 shares, reducing direct beneficial ownership to 17,139 shares
- Concentration unknown: Filing does not state total outstanding shares or percentage ownership, limiting assessment of materiality
Insights
TL;DR: Director sold 4,000 shares at a weighted average of $10.1832, reducing direct holdings to 17,139 shares.
This Form 4 documents a straightforward insider sale executed on a single date with a disclosed weighted average price and a stated range of sale prices. The filing provides basic transparency by committing to supply per-price allocation on request. Without additional context on total outstanding shares or recent trading patterns, the transaction itself is a clean disclosure of an insider disposition rather than indicating broader corporate developments.
TL;DR: Reporting person is a director; sale was properly disclosed via Form 4 and signed by attorney-in-fact.
The Form 4 identifies the reporting person as a director and indicates the form was filed by one reporting person and signed by an attorney-in-fact, which is common practice. The explanation clarifies the weighted average price and offers to provide detailed breakdowns, supporting compliance with Section 16 reporting obligations. The filing contains no amendments or indication of a Rule 10b5-1 plan.