Stoddard Thomas K 4
Research Summary
AI-generated summary
Evolution Metals (EMAT) Director Thomas Stoddard Buys Stock
What Happened
- Thomas K. Stoddard, a director of Evolution Metals & Technologies Corp. (EMAT), acquired 1,000 shares in an open-market purchase on 2026-01-13 at $13.99 per share, for a total purchase price of $13,990. The Form 4 reporting this transaction was filed on 2026-01-29. This was a purchase (insider buy), a transaction type often watched by investors as a potentially positive signal, though the amount is modest.
Key Details
- Transaction date: 2026-01-13; filing date: 2026-01-29 (appears late — filed 16 days after the trade; Form 4s are generally due within 2 business days).
- Transaction type/code: Open-market purchase (P).
- Price and value: 1,000 shares at $13.99 each; total $13,990.
- Shares owned after transaction (per Form 4): 1,704,917 total beneficially owned — comprised of 1,700,000 shares held by CKLM, LLC and 3,917 held by CKL Realty, Inc., plus the 1,000-share purchase.
- Footnote: The filing states Thomas Stoddard is manager of CKLM, LLC and Director/President of CKL Realty, Inc., and has sole voting and dispositive power over the shares held by those entities (i.e., beneficial ownership through control).
Context
- This was a straightforward open-market purchase (no options, awards, or tax-withholding indicated). The purchase size (~$14k) is relatively small compared with institutional or large insider trades; it increases Stoddard’s reported beneficial stake modestly and should be viewed as factual disclosure rather than proof of future company performance.