Giftify Exec Miller Timothy William Sells 1000 Shares in Multiple Transactions.

Giftify, Inc. (GIFT) announced that Vice President of Sales, Timothy William Miller, has made the following transactions: on June 6, 2025, he sold 1,000 shares at a price of $1.64 per share, on July 7, 2025, he sold 1,000 shares at a price of $1.32 per share, and on August 6, 2025, he sold 1,000 shares at a price of $1.01 per share.

Giftify, Inc. (GIFT) has reported that Vice President of Sales, Timothy William Miller, has executed a series of scheduled sales under a 10b5-1 trading plan. According to the SEC Form 4 filing [1], Miller sold 1,000 shares of common stock on June 6, 2025, at a price of $1.64 per share. On July 7, 2025, he sold another 1,000 shares at $1.32 per share, and on August 6, 2025, he sold an additional 1,000 shares at $1.01 per share.

The 10b5-1 plan, entered into on February 6, 2025, with Merrill Lynch, dictates that Miller sells 1,000 shares on the sixth day of each month beginning March 1, 2025. This systematic approach to selling shares is designed to avoid any appearance of insider trading and to comply with regulatory requirements.

Miller's beneficial ownership decreased from 49,833 shares after the June sale to 47,833 shares after the August sale. The Form 4 filing includes detailed transaction dates, prices, and resulting beneficial ownership counts, providing transparency and compliance with SEC regulations.

The transactions do not suggest any governance or disclosure issues, as they are part of a pre-determined plan and executed consistently. The filing is signed by Miller on August 27, 2025, ensuring the accuracy and completeness of the reported data.

References:
[1] https://www.stocktitan.net/sec-filings/RSTN/form-4-rde-inc-common-stock-insider-trading-activity-f18dbd6d3594.html