Clark Michael Aaron 4
Research Summary
AI-generated summary
Contango ORE (CTGO) CFO Michael Clark Sells 10,075 Shares
What Happened
- Clark Michael Aaron (CFO & Secretary) reported a sale of 10,075 shares on 2026-03-19. The weighted-average price was $17.92, for aggregate proceeds of $180,544. The filing lists the sale as "Open market or private sale" (code S).
Key Details
- Transaction date: 2026-03-19; Filed: 2026-03-20 (appears timely).
- Price: weighted average $17.92; individual sale prices ranged from $17.63 to $18.16 (per footnote).
- Shares sold: 10,075; total proceeds: $180,544.
- Reason/footnote: Shares were sold to cover tax withholding on restricted stock that vested on March 19, 2026. The reporting person offers to provide a breakdown of the number of shares sold at each price within the reported range upon request.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
Context
- This was a sale to satisfy tax obligations related to vested restricted stock (a routine “sell to cover”), not an open-market buy that would signal additional insider conviction.
- Filing timing (one day after the transaction) is within normal Form 4 reporting requirements and does not indicate a late filing in the provided data.