SciSparc (SPRC) director Itschak Shrem sells 462 Ordinary Shares at $10
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SciSparc Ltd. director Itschak Shrem reported an open-market sale of 462 Ordinary Shares on June 1, 2026 at $10.00 per share. Following this transaction, he directly holds 10,596 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 462 shares ($4,620)
Net Sell
1 txn
Insider
Shrem Itschak
Role
null
Sold
462 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 462 | $10.00 | $5K |
Holdings After Transaction:
Ordinary Shares — 10,596 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 462 shares
Sale price: $10.00 per share
Shares held after transaction: 10,596 shares
3 metrics
Shares sold
462 shares
Open-market sale of Ordinary Shares on June 1, 2026
Sale price
$10.00 per share
Price for the 462 Ordinary Shares sold
Shares held after transaction
10,596 shares
Direct ownership following the reported sale
Key Terms
open-market sale, Ordinary Shares, Form 4
3 terms
open-market sale financial
"the transaction is described as an open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"reported in a Form 4 insider trading report"
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.
FAQ
What insider transaction did SciSparc (SPRC) director Itschak Shrem report?
Director Itschak Shrem reported an open-market sale of 462 SciSparc Ordinary Shares. The sale occurred at a price of $10.00 per share, according to a Form 4 insider trading report.
Is the SciSparc (SPRC) Form 4 transaction a buy or sell by the director?
The Form 4 reports a sell transaction by director Itschak Shrem. It specifies an open-market sale of 462 Ordinary Shares at $10.00 per share rather than a purchase or option exercise.