Weiting Feng - 20 May 2024 Form 4 Insider Report for Golden Matrix Group, Inc. (GMGI)

Signature
/s/ Weiting Feng
Issuer symbol
GMGI
Transactions as of
20 May 2024
Net transactions value
-$439,200
Form type
4
Filing time
22 May 2024, 16:01:21 UTC
Previous filing
13 May 2024
Next filing
14 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMGI Common Stock Sale $439,200 -100,000 -3.6% $4.39 2,691,231 20 May 2024 Direct F1
* 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).

Explanation of Responses:

Id Content
F1 These shares were sold in multiple transactions at an average price of $4.3920.