David Reichman - May 15, 2024 Form 4 Insider Report for GLOBAL TECH INDUSTRIES GROUP, INC. (GTII)

Signature
/s/ David Reichman
Stock symbol
GTII
Transactions as of
May 15, 2024
Transactions value $
-$9,743
Form type
4
Date filed
5/17/2024, 04:49 PM
Previous filing
Apr 18, 2024
Next filing
Jul 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTII Common Stock Sale -$9.74K -64.7K -0.1% $0.15 65.2M May 15, 2024 Direct F1, F2
* 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 Shares sold pursuant to a 10b5-1 trading plan.
F2 The shares were sold at a price of $0.1925 per share.