[Form 4] Odyssey Marine Exploration, Inc Insider Trading Activity

Rhea-AI Filing Summary

Odyssey Marine Exploration, Inc. (OMEX) – Form 4 insider filing

CEO and Director Mark D. Gordon reported an open-market acquisition of common stock on 27 June 2025. The transaction was executed pursuant to an Equity Exchange Agreement under which Gordon exchanged equity interests in a subsidiary for OMEX shares.

• Securities acquired: 365,242 common shares
• Average price per share: US$1.0383 (30-day VWAP)
• Approximate consideration: ~US$379k (365,242 × US$1.0383)
• Ownership after transaction: 653,191 shares, held directly
• Transaction code: A (acquisition)

The filing indicates that Gordon more than doubled his direct ownership stake. No derivative securities were reported. The Form 4 was signed on 3 July 2025.

Positive

• CEO increases direct ownership by 365,242 shares, demonstrating insider confidence.
• No derivative or disposition activity, reducing complexity and potential dilution concerns.

Negative

• None.

Insights

Financial Analyst

TL;DR – CEO buys 365k shares via equity exchange; signals confidence.

The chief executive’s purchase adds ~US$379k of stock to his holdings, lifting his stake to 653k shares. The use of a 30-day VWAP and an asset-for-share swap suggests alignment of insider and shareholder interests without immediate cash outflow for the company. Insider buying by the top executive is typically viewed as a bullish governance signal, especially for micro-cap firms like OMEX that rely on management credibility to raise capital for marine exploration projects.

Corporate Governance Specialist

TL;DR – Insider acquisition enhances governance optics; no red flags.

Directors purchasing shares often indicate confidence and reduce agency risk. The filing discloses clear transaction terms, board role, and absence of 10b5-1 plan usage, increasing transparency. No disposition or complex derivatives appear, limiting dilution concerns. Overall governance impact is positive.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gordon Mark

(Last) (First) (Middle)

205 S HOOVER BLVD

SUITE 210

(Street)

TAMPA FL 33609

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ODYSSEY MARINE EXPLORATION INC [ OMEX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/27/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/27/2025		A		365,242	A	$1.0383(1)	653,191	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares acquired pursuant to an Equity Exchange Agreement dated June 27, 2025 (the "Exchange Agreement"), between the Issuer and the Reporting Person, in exchange for equity interests in a subsidiary of the Issuer held by the Reporting Person. The price ($1.03831) represents the 30-day volume-weighted average price per share of the Issuer's common stock on the date of the Exchange Agreement.

	/s/ Mark D. Gordon	07/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Odyssey Marine (OMEX) shares did CEO Mark Gordon acquire?

He acquired 365,242 common shares on 27 June 2025.

At what price were the OMEX shares acquired?

The shares were valued at US$1.0383 per share, the 30-day volume-weighted average price.

What is Mark Gordon’s total direct ownership after the transaction?

Following the acquisition, he directly owns 653,191 OMEX shares.

What was the basis of the share issuance?

Shares were issued under an Equity Exchange Agreement in exchange for equity interests in a subsidiary held by Gordon.

When was the Form 4 for OMEX filed?

The Form 4 was signed and filed on 3 July 2025.

Did the filing involve any derivative securities?

No, Table II lists no derivative securities acquired or disposed.