NWTG Form 4 shows director purchase and holdings correction
Rhea-AI Filing Summary
Newton Golf Company, Inc. (NWTG) reported an insider stock purchase by a director on a Form 4. On 11/21/2025, the reporting person acquired 20,000 shares of common stock in open-market transactions at a weighted average price of $1.207 per share, with individual trades ranging from $1.14 to $1.25 per share. Following these transactions, the director beneficially owns 270,373 shares of Newton Golf common stock held directly. The filing also notes a correction of a prior report filed on November 20, 2025 that had understated the director’s total holdings by two shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 20,000 | $1.207 | $24K |
Footnotes (1)
- Reflects the weighted average price of 20,000 shares of common stock of the issuer purchased by the reporting person in multiple transactions on November 21, 2025 with purchase prices ranging from $1.14 to $1.25 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. Reflects the correction of an error in the reporting person's Form 4 filed with the Securities and Exchange Commission on November 20, 2025, which understated the reporting person's total holdings by two shares.
FAQ
What did Newton Golf Company (NWTG) disclose in this Form 4 filing?
The filing discloses that a director of Newton Golf Company, Inc. (NWTG) purchased 20,000 shares of common stock on 11/21/2025 and now directly owns 270,373 shares.
What is the insider’s total Newton Golf (NWTG) ownership after this transaction?
After the reported purchase, the director beneficially owns 270,373 shares of Newton Golf common stock held directly.
What is the insider’s relationship to Newton Golf Company (NWTG)?
The reporting person is a director of Newton Golf Company, Inc. (NWTG), as indicated in the relationship section of the Form 4.
Did this Newton Golf (NWTG) Form 4 include any derivative securities?
No derivative securities are reported in Table II. The filing only reports a purchase of common stock in Table I.
Why does the Newton Golf (NWTG) Form 4 mention a correction of prior holdings?
The explanation section states that this filing reflects a correction of an error in a report filed on November 20, 2025, which had understated the reporting person’s total holdings by two shares.