CEO of OFF THE HOOK YS (OTH) sells 120K shares via LLC
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OFF THE HOOK YS INC. director and CEO John Brian reported an indirect open-market sale of Common Stock through BK Investments LLC. The transaction involved 120,000 shares sold on May 15, 2026 at $2.41 per share. Following the sale, entities associated with him indirectly hold 1,133,350 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 120,000 shares ($289,200)
Net Sell
1 txn
Insider
John Brian
Role
CEO and Director
Sold
120,000 shs ($289K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 120,000 | $2.41 | $289K |
Holdings After Transaction:
Common Stock — 1,133,350 shares (Indirect, See Footnote)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 120,000 shares
Sale price: $2.41 per share
Approximate transaction value: $289,200
+2 more
5 metrics
Shares sold
120,000 shares
Open-market sale on May 15, 2026
Sale price
$2.41 per share
Common Stock transaction
Approximate transaction value
$289,200
120,000 shares at $2.41
Shares held after transaction
1,133,350 shares
Indirect beneficial ownership following sale
Net share change
-120,000 shares
net-sell direction in transaction summary
Key Terms
open-market sale, beneficially own, indirect ownership, Common Stock
4 terms
open-market sale financial
"transaction_action: "open-market sale" for Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
beneficially own financial
"may be deemed to beneficially own such securities"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership: "See Footnote""
Common Stock financial
"security_title: "Common Stock" in the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did OFF THE HOOK YS (OTH) report for John Brian?
OFF THE HOOK YS reported that CEO and director John Brian had an indirect open-market sale of Common Stock. The filing shows 120,000 shares were sold on May 15, 2026, at a price of $2.41 per share through an entity associated with him.
Was the OFF THE HOOK YS (OTH) transaction direct or indirect for John Brian?
The transaction is reported as indirect ownership for John Brian. The Form 4 identifies the ownership type as indirect, with a note directing to a footnote that explains the shares are held by BK Investments LLC, an entity he solely owns.