Seafarer director acquires 20M shares at $0.0015
SEAFARER EXPLORATION CORP (SFRX) director Charles Branscum reported an other acquisition of 20,000,000 shares of Common Stock on 2026-08-24, at a reported price of $0.0015 per share.
Rhea-AI Filing Summary
SEAFARER EXPLORATION CORP (SFRX) director Charles Branscum reported an other acquisition of 20,000,000 shares of Common Stock on 2026-08-24, at a reported price of $0.0015 per share. After this transaction, his directly held position in the company increased to 166,000,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 20,000,000 shares
Other
1 txn
Insider
Branscum Charles
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 20,000,000 | $0.0015 | $30K |
Holdings After Transaction:
Common Stock — 166,000,000 shares (Direct)
Key Figures
Shares acquired: 20,000,000 shares of Common Stock
Transaction price: $0.0015 per share
Shares owned after transaction: 166,000,000 shares
+1 more
4 metrics
Shares acquired
20,000,000 shares of Common Stock
Other acquisition on 2026-08-24 reported on Form 4
Transaction price
$0.0015 per share
Price reported for the 20,000,000-share acquisition
Shares owned after transaction
166,000,000 shares
Directly held Common Stock following the reported transaction
Transaction code
J (Other acquisition or disposition)
Code used for the 2026-08-24 Common Stock transaction
Key Terms
Other acquisition or disposition, transaction code, direct ownership
3 terms
Other acquisition or disposition regulatory
"transaction code description is "Other acquisition or disposition""
transaction code regulatory
"The filing assigns transaction code J to this event"
direct ownership financial
"ownership_type is reported as direct for these shares"
FAQ
What insider transaction did SFRX director Charles Branscum report?
Director Charles Branscum reported an other acquisition of 20,000,000 shares of SEAFARER EXPLORATION CORP Common Stock on 2026-08-24, coded as a transaction type J (Other acquisition or disposition).
What is transaction code J in the SFRX Form 4 filing?
In this SEAFARER EXPLORATION CORP (SFRX) Form 4, transaction code J is described as an Other acquisition or disposition, indicating a non-standard type of share transfer rather than an open market buy or sell.
Is the SFRX Form 4 transaction reported as a direct or indirect holding?
The Form 4 reports the 20,000,000-share transaction and resulting 166,000,000-share position as direct ownership of SEAFARER EXPLORATION CORP Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.