374Water (SCWO) CFO Files Form 4 After 30,000-Share Purchases
Rhea-AI Filing Summary
Russell Kline, Chief Financial Officer of 374Water Inc. (SCWO), reported two open-market purchases of common stock. He acquired 15,000 shares on 08/21/2025 at a weighted average price of $0.2462, bringing his direct holdings to 383,642 shares. He purchased another 15,000 shares on 08/22/2025 at a weighted average price of $0.2496, increasing his direct holdings to 398,642 shares.
The Form 4 is signed by Mr. Kline on 08/25/2025 and lists his reporting address in Morrisville, North Carolina. Footnotes state each reported price is a weighted average of multiple transactions within the disclosed price ranges and that Mr. Kline will provide transaction-level detail to the company or SEC staff upon request.
Positive
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Insights
TL;DR: Insider made small, consecutive open-market purchases increasing direct holdings modestly.
The filing discloses two separate purchases totaling 30,000 shares executed over two days at weighted average prices of $0.2462 and $0.2496. The transactions are reported as direct ownership increases and the reporting person is the company CFO. The filing contains customary footnote language clarifying weighted-average pricing ranges and the offer to provide detailed per-transaction pricing on request. From a trading-disclosure standpoint, the Form 4 appears complete and procedurally standard.
TL;DR: Disclosure is standard and properly documents the CFO's beneficial ownership change.
The Form 4 identifies the reporting person, relationship to the issuer, transaction dates, share counts and weighted-average prices, and includes the required signature. Footnotes clarify the use of weighted averages and availability of detailed breakdowns. The report fulfills Section 16 reporting requirements by documenting the timing and size of open-market purchases by an officer.