Parmer George 4
4 · Amesite Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Amesite (AMST) Director Parmer George Buys 243,902 Shares
What Happened
Parmer George, a director of Amesite Inc. (AMST), participated in a private placement on 2026-04-28, acquiring 243,902 common shares at $1.44 per share for a total cash outlay of $349,999. The Form 4 also reports two additional acquisitions of 243,902 share-equivalent derivative interests each at a reported price of $0.00 on the same date. This was a purchase (insider buy), which investors often view as a more informative signal than routine insider selling.
Key Details
- Transaction date: April 28, 2026. Primary purchase: 243,902 shares @ $1.44, total $349,999. Two additional derivative entries reported at $0.00 (same share-equivalent amount).
- Method: Private placement pursuant to a securities purchase agreement (see footnote). Prospectus supplement filed April 28, 2026 (424(b)(5)) contains offering details.
- Shares owned after transaction: Not disclosed in the Form 4 filing provided.
- Filing timeliness: Form was filed May 18, 2026 — roughly 20 days after the transaction date, which appears late relative to the typical 2-business-day Form 4 deadline. Late filing can limit the timeliness of the disclosure for investors.
- Not reported as a 10% owner transaction; Parmer George is identified as a company director.
Context
- The filing shows a cash purchase in a private placement — purchases by insiders can be viewed as a sign of confidence but are not proof of future performance.
- The two derivative entries reported at $0.00 are not further explained on the Form 4; the prospectus supplement referenced in the footnote should be consulted to learn whether these are warrants, pre-funded warrants or other derivative rights tied to the offering.
- All information is factual from the Form 4; this is not investment advice.
Insider Transaction Report
Form 4
Amesite Inc.AMST
Parmer George
Director
Transactions
- Purchase
Common Stock
[F1]2026-04-28$1.44/sh+243,902$349,999→ 566,962 total - Purchase
Series A-1 Warrants (right to buy)
2026-04-28+243,902→ 243,902 totalExercise: $1.44From: 2026-04-28Exp: 2031-04-28→ Common Stock (243,902 underlying) - Purchase
Series A-2 Warrants (right to buy)
2026-04-28+243,902→ 243,902 totalExercise: $1.44From: 2026-04-28Exp: 2027-10-28→ Common Stock (243,902 underlying)
Footnotes (1)
- [F1]The shares were purchased in a private placement transaction pursuant to a securities purchase agreement. For more information relating to the offering pursuant to which the reported shares were purchased, please refer to the 424(b)(5) prospectus supplement filed by Amesite Inc. with the SEC on April 28, 2026.
Signature
/s/ Ann Marie Sastry Ph.D., as Attorney-in-Fact|2026-05-18