374Water Insider Amends Form 4, Confirms 51.6K Share Sale
Rhea-AI Filing Summary
374Water Inc. (SCWO) – Amended Form 4 filing
The filing corrects a previously reported insider transaction by 10% owner Yaacov Nagar. On 18 June 2025 Mr. Nagar sold 51,598 common shares in open-market transactions at a weighted-average price of $0.402 per share (individual trade prices ranged from $0.400 to $0.402). The amendment clarifies that the earlier Form 4 overstated the disposition as 57,650 shares.
Following this sale, the insider’s direct beneficial ownership stands at 36,181,237 common shares. No derivative securities were reported, and there were no purchases. The transaction represents approximately 0.14 % of Mr. Nagar’s post-transaction holdings, implying a modest change in ownership.
No other changes to ownership structure, executive roles, or company operations were disclosed in the filing.
Positive
- None.
Negative
- Insider disposition: 51,598 common shares were sold by a 10 % owner, indicating a slight reduction in insider ownership.
Insights
TL;DR: Minor amended insider sale; limited impact on SCWO valuation.
The amendment merely corrects the quantity of shares sold by a 10 % owner from 57,650 to 51,598. The cash value (~$21k) and the fractional reduction in stake (≈0.14 %) are small relative to the insider’s 36.2 million-share position and SCWO’s float. No new information on company fundamentals, guidance, or strategic actions appears. Consequently, the disclosure is informational, with negligible financial or governance ramifications for shareholders.
FAQ
What change does the amended Form 4 report for 374Water (SCWO)?
When did the insider sale of SCWO shares occur?
At what price were the SCWO shares sold?
How many SCWO shares does the insider own after the sale?
Does the filing disclose any derivative transactions?