374Water (SCWO) Form 4 — 375,000 Shares Reported by COO
Rhea-AI Filing Summary
Brad Ian Meyers, Chief Operating Officer and director of 374Water Inc. (SCWO), reported acquiring 375,000 shares of the company's common stock on 08/28/2025 at a reported price of $0. Following the transaction, Mr. Meyers beneficially owns 490,000 shares. The Form 4 was filed by a single reporting person and is signed by Mr. Meyers on the transaction date.
Positive
- Insider acquisition: COO and director acquired 375,000 common shares, increasing insider ownership to 490,000 shares
- Timely disclosure: Transaction reported on Form 4 and signed by reporting person on 08/28/2025
Negative
- None.
Insights
TL;DR: Insider acquisition increases executive ownership, a routine disclosure that may align management with shareholders.
The filing documents a non-derivative acquisition of 375,000 common shares by the COO and director, raising his beneficial stake to 490,000 shares. The reported price of $0 implies the shares were issued or transferred without a cash purchase price disclosed on the form; the form does not provide context such as grant type or vesting. As a governance signal, higher insider ownership can align incentives, but the filing lacks detail on the nature and conditions of the transfer.
TL;DR: Transaction is material as an insider change in ownership but the filing provides no economic detail beyond share counts.
The Form 4 reports an 08/28/2025 acquisition of 375,000 shares at a reported price of $0, increasing the reporting person's holdings to 490,000 shares. The document is a standard Section 16 disclosure; it does not include derivative transactions or price paid details beyond the reported zero value, and it contains no information on timing beyond the transaction date or any subsequent sales. Investors should note this is a direct beneficial ownership change disclosed under Form 4 rules.