Form 4: Yaacov Nagar Disposes 177K SCWO Shares; Retains 35.76M
Rhea-AI Filing Summary
374Water Inc. insider report: Director Yaacov Nagar reported two open-market sales of the company's common stock on September 5 and September 8, 2025. He sold a total of 177,289 shares in multiple trades at weighted-average prices of $0.3928 and $0.3993, respectively. Following these disposals, Mr. Nagar beneficially owned 35,758,325 shares. The filing discloses that trade prices were executed across price ranges and that the reporting person will provide detailed trade information upon request.
Positive
- Timely and detailed disclosure of insider sales with weighted-average prices and offer to provide trade-level information upon request
- Director remains a large shareholder, retaining 35,758,325 shares after the sales
Negative
- Insider sold 177,289 shares in total, which could be perceived negatively by some investors absent context
- Form 4 provides no explanation of the reason for the sales beyond execution details
Insights
TL;DR: Director executed routine open-market sales; disclosure is timely and conforms to Form 4 requirements.
The filing shows the director sold a modest number of shares relative to his remaining stake, using multiple trades with disclosed weighted-average prices. The report is complete with explanatory notes offering to supply trade-level details on request, which supports transparency. There is no indication of related-party transactions or plans affecting governance disclosed in this Form 4.
TL;DR: Insider sales total 177,289 shares at sub-$0.42 prices; impact appears limited absent additional context.
The transactions were standard open-market sales executed over multiple trades at prices between approximately $0.39 and $0.41, resulting in a residual holding above 35.7 million shares. Without accompanying operational or financial disclosures, these sales alone do not provide material information about company performance, though they reduce insider share count slightly.