Weiting Feng - 24 Apr 2024 Form 4 Insider Report for Golden Matrix Group, Inc. (GMGI)

Signature
/s/ Weiting Feng
Issuer symbol
GMGI
Transactions as of
24 Apr 2024
Net transactions value
-$62,908
Form type
4
Filing time
30 Apr 2024, 16:01:22 UTC
Previous filing
06 Feb 2024
Next filing
08 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMGI Common Stock Sale $62,908 -15,727 -0.55% $4.00 2,837,688 24 Apr 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).