SFRX director Branscum boosts stake to 146M shares in Form 4
Rhea-AI Filing Summary
Seafarer Exploration Corp (SFRX) director reports major share acquisition. Director Charles S. Branscum filed a Form 4 disclosing the purchase of 10,000,000 shares of Seafarer Exploration common stock on 11/18/2025 at a price of $0.0025 per share. Following this transaction, he beneficially owns 146,000,000 shares of common stock in direct ownership form. This filing simply records an insider’s increased stake and does not, by itself, change the company’s operations or financial condition.
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FAQ
What insider transaction did Seafarer Exploration (SFRX) report?
Seafarer Exploration reported that director Charles S. Branscum acquired 10,000,000 shares of common stock on 11/18/2025, as disclosed in a Form 4.
At what price were the new SFRX shares acquired by the director?
The director acquired the 10,000,000 Seafarer Exploration shares at a price of $0.0025 per share.
How many Seafarer Exploration (SFRX) shares does the director own after the transaction?
After the reported transaction, director Charles S. Branscum beneficially owns 146,000,000 shares of Seafarer Exploration common stock.
What is the role of the reporting person in Seafarer Exploration (SFRX)?
The reporting person, Charles S. Branscum, is identified as a director of Seafarer Exploration Corp.
Is the Seafarer Exploration (SFRX) insider transaction direct or indirect ownership?
The Form 4 indicates that the 146,000,000 shares owned by the director are held in direct (D) ownership form.
Does this Seafarer Exploration (SFRX) filing involve derivative securities?
No derivative securities are reported in the provided Table II; only common stock is listed in the transaction details.