Signing Day Sports (SGN) CEO receives 401000-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nelson Daniel D reported acquisition or exercise transactions in this Form 4 filing.
Signing Day Sports, Inc. CEO and Chairman Daniel D. Nelson reported an award of 401000 shares of common stock on a Form 4. The shares were granted at a price of $0.00 per share, increasing his direct holdings to 402042 shares.
The filing also shows 31247 shares held indirectly through The Nelson Revocable Living Trust. Nelson is a co-trustee of this trust and disclaims beneficial ownership of these indirect shares except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Nelson Daniel D
Role
CEO and Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 401,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 402,042 shares (Direct);
Common Stock — 31,247 shares (Indirect, By The Nelson Revocable Living Trust)
Footnotes (1)
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FAQ
What insider transaction did SGN CEO Daniel D. Nelson report?
Daniel D. Nelson reported receiving 401000 shares of Signing Day Sports common stock as a grant at $0.00 per share. This non-derivative award increased his direct holdings to 402042 shares, according to the Form 4 insider transaction filing.
Was the SGN insider transaction a purchase or a grant?
The transaction was a grant or award acquisition, not an open-market purchase. Nelson received 401000 common shares at $0.00 per share under transaction code A, which denotes a grant, award, or other similar acquisition of stock.