Afshin Luke Rahbari - 09 Jul 2024 Form 4 Insider Report for GLOBAL TECH INDUSTRIES GROUP, INC. (GTII)

Reporting relationship: Chief Operating Officer
Issuer ticker: GTII
Reported as of: 09 Jul 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 26 Jul 2024, 17:00:32 UTC
Prior SEC filing: 17 Jul 2024
Source filing: View source filing
Reporting owner signature: /s/ Afshin Luke Rahbari

Key filing fact

Afshin Luke Rahbari filed Form 4 for GLOBAL TECH INDUSTRIES GROUP, INC. (GTII) on 26 Jul 2024.

Key facts

This page summarizes Afshin Luke Rahbari's Form 4 filing for GLOBAL TECH INDUSTRIES GROUP, INC. (GTII).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 26 Jul 2024, 17:00.

Change

Previous filing in this sequence was filed on 17 Jul 2024.
Current net transaction value: $0.

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.

GTII transaction

Common Stock, $0.001 par value

Award

Transaction value
Shares: +8,000,000
Change %: +1333%
Price
Shares after: 8,600,000
Date: 09 Jul 2024
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 1 footnote

Footnote F1

On July 9, 2024, the Issuer issued 8,000,000 shares of its common stock to the Reporting Person pursuant to the terms of the employment agreement, dated as of July 2, 2024 (the "Agreement"), between the Reporting Person and the Issuer.