Solidion Technology Inc. (STI) has announced that Global Graphene Group, Inc., a 10% owner of the company, has executed a transaction involving the sale of 5018 shares at a price of $3.4 per share on June 13, 2025.
Solidion Technology Inc. (STI) has recently experienced a significant insider trading event. Global Graphene Group, Inc., a 10% owner of the company, reported selling 5018 shares of STI on June 13, 2025. The sale was executed at a price of $3.4333 per share, totaling $17,212.54.
This transaction follows a broader pattern of insider trading, as reported by the Securities and Exchange Commission (SEC) in its Form 4 filings. On June 10 and June 11, 2025, Global Graphene Group sold 6069 shares for a total of $20,894. The prices per share were $3.4333 and $3.5105, respectively. The sales occurred after a 1-for-50 reverse stock split executed by STI on May 12, 2025, which adjusted Global Graphene Group's direct ownership to 1,345,031 shares.
Insider trades, as defined by the SEC, are legal when conducted by company insiders such as executives, directors, or significant shareholders. These trades can provide investors with valuable insights into a company's prospects and performance. However, insider trading becomes illegal when based on material, non-public information about the company.
The sale of shares by Global Graphene Group is significant because it reflects the company's strategy and potential future plans. Investors should monitor such transactions closely, as they can indicate changes in the company's outlook and management's confidence in its future performance.
References:
[1] https://www.tradingview.com/news/tradingview:af19472e05b6b:0-global-graphene-group-sells-shares-of-solidion-technology/
[2] https://www.insiderscreener.com/en/explore/us
Comments
No comments yet