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TenKay

02/18/22 4:17 PM

#106942 RE: Really People #106941

Actually, again, it is not.

The name of the form might be a clue…

“INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES”

They will end up with stock as directors, but that will probably be by award by the company.

And those will show up on a Form 4.

I have seen plenty of Form 3s filed where the insider never ever purchases a single share of stock on the open market.
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Outrun_Sunshine

02/18/22 4:41 PM

#106946 RE: Really People #106941

You're saying a form showing they don't own any shares was filed because they are going to buy shares?

Wut.