Seafarer Exploration (SFRX) CEO discloses 12M-share insider buy and indirect holdings
Rhea-AI Filing Summary
Seafarer Exploration Corp CEO Kyle Kennedy reported a direct purchase of 12,000,000 shares of common stock on January 6, 2026 at a price of $0.0013 per share. Following this transaction, he reports direct ownership of 12,000,000 common shares. He also reports indirect beneficial ownership of 35,500,000 additional common shares held through Credo Argentarius, LLC, reflecting shares associated with that entity.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 12,000,000 | $0.0013 | $16K |
| holding | Common Stock | -- | -- | -- |
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SFRX CEO Kyle Kennedy report?
Kyle Kennedy reported a direct purchase of 12,000,000 shares of Seafarer Exploration Corp common stock on January 6, 2026 at a price of $0.0013 per share.
What indirect SFRX holdings are reported for Kyle Kennedy?
The filing reports 35,500,000 common shares held indirectly through Credo Argentarius, LLC, reflecting additional beneficial ownership associated with that entity.
What does the transaction code "P" mean in the SFRX Form 4?
The transaction code "P" in the Form 4 indicates an open-market or private purchase of Seafarer Exploration Corp common stock.
What is Kyle Kennedy’s role at Seafarer Exploration Corp (SFRX)?
Kyle Kennedy is reported as an officer of Seafarer Exploration Corp, serving in the role of CEO.
Does the SFRX Form 4 show any derivative securities for Kyle Kennedy?
No derivative securities are listed in Table II of this Form 4; the reported holdings relate to common stock only.