Seafarer director acquires 20M shares at $0.0015
Rhea-AI Filing Summary
SEAFARER EXPLORATION CORP (SFRX) director Robert L. Kennedy reported an "other" type acquisition of 20,000,000 shares of common stock on 2026-08-24 at $0.0015 per share under transaction code J. Following this transaction, his directly held position is 170,340,267 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 20,000,000 shares
Other
1 txn
Insider
Kennedy Robert L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 20,000,000 | $0.0015 | $30K |
Holdings After Transaction:
Common Stock — 170,340,267 shares (Direct)
Key Figures
Shares acquired: 20,000,000 shares of Common Stock
Transaction price per share: $0.0015 per share
Shares owned after transaction: 170,340,267 shares of Common Stock
3 metrics
Shares acquired
20,000,000 shares of Common Stock
Other acquisition or disposition on 2026-08-24
Transaction price per share
$0.0015 per share
Price for the 20,000,000-share acquisition
Shares owned after transaction
170,340,267 shares of Common Stock
Direct ownership following the 2026-08-24 transaction
Key Terms
Form 4, transaction code J, Other acquisition or disposition
3 terms
Form 4 regulatory
"This Form 4 reports an insider transaction by a director."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code J regulatory
"Transaction code J denotes an other acquisition or disposition."
Other acquisition or disposition regulatory
"Code J represents an Other acquisition or disposition of securities."
FAQ
What insider transaction did SFRX director Robert L. Kennedy report?
Robert L. Kennedy reported acquiring 20,000,000 shares of SEAFARER EXPLORATION CORP common stock on 2026-08-24 in a transaction classified as an "other acquisition or disposition" (code J).
What is transaction code J in this SFRX Form 4 filing?
Transaction code J denotes an "Other acquisition or disposition" of securities, indicating the reported SFRX share movement is not a standard open-market purchase or sale.
Is Robert L. Kennedy a director or officer of SFRX in this filing?
Robert L. Kennedy is identified as a director of SEAFARER EXPLORATION CORP in this Form 4 and is not listed as an officer.
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