GGCP, INC. - 10 Oct 2023 Form 4 Insider Report for MachTen, Inc. (MACT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
10 Oct 2023, 17:34:57 UTC
Prior SEC filing
20 Sep 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Douglas R. Jamieson, Attorney-in-fact for GGCP, Inc., GGCP Holdings, LLC, Mario J. Gabelli and LICT Corporation

Key filing fact

GGCP, INC. filed Form 4 for MachTen, Inc. (MACT) on 10 Oct 2023.

Key facts

  • This page summarizes GGCP, INC.'s Form 4 filing for MachTen, Inc. (MACT).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 10 Oct 2023, 17:34.

Change

  • Previous filing in this sequence was filed on 20 Sep 2022.
  • Current net transaction value: +$3,738.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MACT transaction

Common Stock

Purchase

Transaction value
$1,052
Shares
+183
Change %
+0.08%
Price
$5.75
Shares after
226,533
Date
09 Oct 2023
Ownership
Direct
Footnotes
F1
MACT transaction

Common Stock

Purchase

Transaction value
$2,685
Shares
+467
Change %
+0.21%
Price
$5.75
Shares after
227,000
Date
10 Oct 2023
Ownership
Direct
Footnotes
F1
MACT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
735,750
Date
10 Oct 2023
Ownership
Direct
Footnotes
F2
MACT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
605,980
Date
10 Oct 2023
Ownership
Direct
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Mr. Gabelli may be deemed to beneficially own shares of common stock of LICT owned by GGCP, Inc. ("GGCP") via GGCP Holdings, LLC ("Holdings"). As a result of the Distribution of MACT shares, Mr. Gabelli obtained indirect beneficial ownership over 226,350 shares of the Issuer's common stock held by GGCP via Holdings on the Distribution Date. Mr. Gabelli may be deemed to have beneficial ownership of the shares to be held by Holdings on the basis of (i) his position as the Chief Executive Officer, a director and the controlling shareholder of GGCP, which is the manager and the majority member of Holdings, and (ii) a certain profit interest in Holdings. Mr. Gabelli disclaims beneficial ownership of the shares to be owned by Holdings except to the extent of his pecuniary interest therein.

Footnote F2

Mario J. Gabelli owns shares of common stock of LICT directly and through a trust over which he has sole voting and dispositive power over the shares held therein. As a result of the Distribution of MACT shares, Mr. Gabelli obtained direct beneficial ownership over 735,750 shares of the Issuer's common stock on the Distribution Date.

Footnote F3

Shares owned directly by LICT. Mr. Gabelli, GGCP, and Holdings may be deemed a "group" with LICT for purposes of Section 13D of the Exchange Act.

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