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

Signature
/s/ Weiting Feng
Stock symbol
GMGI
Transactions as of
May 20, 2024
Transactions value $
-$439,200
Form type
4
Date filed
5/22/2024, 04:01 PM
Previous filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GMGI Common Stock Sale -$439K -100K -3.58% $4.39 2.69M May 20, 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.