Odyssey Marine (OMEX) CEO sells 90,000 shares via 10b5-1 plan
Odyssey Marine Exploration (OMEX) reported insider transactions by CEO and Director Mark D. Gordon.
Rhea-AI Filing Summary
Odyssey Marine Exploration (OMEX) reported insider transactions by CEO and Director Mark D. Gordon. A Form 4 shows three open‑market sales totaling 90,000 shares executed under a Rule 10b5‑1 trading plan adopted on May 15, 2025.
The sales occurred on 10/16/2025 (30,000 shares at a weighted average price of $3.8681), 10/17/2025 (30,000 shares at a weighted average price of $3.5), and 10/20/2025 (30,000 shares at a weighted average price of $3.5634). After these transactions, the reporting person beneficially owned 482,235 shares directly.
The filing notes that each transaction was executed in multiple trades within the stated price ranges and that full trade details are available upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,000 | $3.5634 | $107K |
| Sale | Common Stock | 30,000 | $3.50 | $105K |
| Sale | Common Stock | 30,000 | $3.8681 | $116K |
Footnotes (1)
- F1. The securities were sold under a 10b5-1 Trading Plan adopted May 15, 2025 and were acquired upon the vesting of restricted stock units during the period 12/20/2015 through 12/13/2019. This transaction was executed in multiple trades at prices ranging from $3.50 to $3.8681 per share. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
FAQ
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What did OMEX disclose in this Form 4?
On what dates did the OMEX insider sales occur?
What were the reported weighted average sale prices?
Was there a 10b5-1 plan in place for these trades?
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