Castellum Director Sells 64,000 Shares at $1.04-$1.05/Share

Castellum, Inc. (CTM) recently announced that Jay O Wright, a Director and General Counsel of the company, has made significant share sales. On August 27, 2025, Wright sold 40,000 shares at $1.04 per share, and on August 28, 2025, he sold an additional 24,000 shares at $1.05 per share. These transactions demonstrate Wright's confidence in the company's future prospects and highlight his commitment to transparency and compliance with regulatory requirements.

On August 27 and 28, 2025, Jay O Wright, a Director and General Counsel of Castellum AB, executed substantial share sales, selling 40,000 shares at $1.04 per share on the first day and an additional 24,000 shares at $1.05 per share on the second day [1]. These transactions underscore Wright's confidence in Castellum AB's future prospects and his commitment to transparency and regulatory compliance.

Wright's actions come at a critical time for Castellum AB, as the company prepares to appoint a new CEO, Pål Ahlsén, who will assume the role on August 28, 2025. Ahlsén brings over a decade of leadership experience from Akelius Residential Property, where he served as CEO and oversaw its international expansion. He holds a master’s degree in economics from Stockholm University [2]. The appointment of Ahlsén signals a new strategic phase for Castellum AB, with a focus on increasing profitability and value creation for shareholders.

The recent share sales by Wright, while significant, are not indicative of any immediate concerns or issues within the company. Instead, they reflect Wright's personal investment in Castellum AB's future and his belief in the company's long-term prospects. The transactions also highlight Castellum AB's commitment to transparency and regulatory compliance, as Wright has adhered to reporting requirements and provided clear information about his share sales.

In conclusion, Jay O Wright's substantial share sales demonstrate his confidence in Castellum AB's future and underscore the company's commitment to transparency and regulatory compliance. The appointment of Pål Ahlsén as the new CEO signals a new strategic phase for the company, with a focus on increasing profitability and value creation for shareholders. As Castellum AB continues to navigate its new leadership and strategic direction, investors and financial professionals will be closely monitoring the company's performance and progress.

References:
[1] https://www.marketscreener.com/quote/stock/CASTELLUM-AB-6491340/
[2] https://www.tradingview.com/news/reuters.com,2025-08-26:newsml_MFN13LLhd:0-castellum-s-board-appoints-p-l-ahls-n-as-new-ceo/