Cortina Gallardo Juan Antonio Carlos 4
4 · ODYSSEY MARINE EXPLORATION INC · Filed Aug 13, 2025
Insider Transaction Report
Form 4
Cortina Gallardo Juan Antonio Carlos
10% Owner
Transactions
- Other
Subscription Right
2025-07-25−1,939,468→ 0 total(indirect: By Capital Latinoamericano, S.A. de C.V.)Exercise: $1.10From: 2025-04-25Exp: 2025-07-31→ Common Stock (1,939,468 underlying) - Other
Subscription Right
2025-07-25+1,939,468→ 1,939,468 total(indirect: By Promotora de Inversiones CapLat Espana, S.L.)Exercise: $1.10From: 2025-07-25Exp: 2025-07-31→ Common Stock (1,939,468 underlying) - Exercise of In-Money
Subscription Right
2025-07-31$1.10/sh−1,939,468$2,133,415→ 0 total(indirect: By Promotora de Inversiones CapLat Espana, S.L.)Exercise: $1.10From: 2025-07-25Exp: 2025-07-31→ Common Stock (1,939,468 underlying) - Exercise of In-Money
Common Stock
2025-07-31$1.10/sh+1,939,468$2,133,415→ 3,931,466 total(indirect: By Promotora de Inversiones CapLat Espana, S.L.) - Other
Common Stock
2025-07-29+1,991,998→ 1,991,998 total(indirect: By Promotora de Inversiones CapLat Espana, S.L.) - Exercise of In-Money
Common Stock
2025-06-30$1.10/sh+489,279$538,207→ 2,971,098 total(indirect: By Capital Latinoamericano, S.A. de C.V.) - Sale
Common Stock
2025-07-18$1.72/sh−473,591$816,708→ 2,401,098 total(indirect: By Capital Latinoamericano, S.A. de C.V.) - Exercise of In-Money
Subscription Right
2025-06-30$1.10/sh−489,279$538,207→ 1,939,468 total(indirect: By Capital Latinoamericano, S.A. de C.V.)Exercise: $1.10From: 2025-04-25Exp: 2025-07-31→ Common Stock (489,279 underlying) - Sale
Common Stock
2025-07-17$1.70/sh−96,409$164,156→ 2,874,689 total(indirect: By Capital Latinoamericano, S.A. de C.V.) - Sale
Common Stock
2025-07-22$1.70/sh−409,100$696,656→ 1,991,998 total(indirect: By Capital Latinoamericano, S.A. de C.V.) - Other
Common Stock
2025-07-29−1,991,998→ 0 total(indirect: By Capital Latinoamericano, S.A. de C.V.)
Footnotes (9)
- [F1]This transaction is exempted under Rule 16b-6(b).
- [F2]Pursuant to a Securities Purchase Agreement dated as of December 23, 2024 (the "SPA"), Capital Latinoamericano, S.A. de C.V. ("CapLat") CapLat exercised its right to acquire 489,279 shares of the issuer's common stock.
- [F3]The reporting person is a sole member and manager of CapLat. The reporting person disclaims any beneficial ownership of any shares held by CapLat except to the extent of his ultimate pecuniary interest.
- [F4]The price in Column 4 is a weighted average sale price. The prices actually received ranged from $1.6935 to $1.7456. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- [F5]The price in Column 4 is a weighted average sale price. The prices actually received ranged from $1.70 to $1.7039. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- [F6]Pursuant to a Contribution Agreement dated as of July 29, 2025, CapLat transferred all of its right title and interest in 1,991,998 shares of the issuer's common stock to its wholly owned subsidiary, Promotora de Inversiones Caplat Espana S.L. ("CapLat Espana").
- [F7]The reporting person is the sole manager of CapLat Espana. The reporting person disclaims any beneficial ownership of any shares held by CapLat Espana except to the extent of his ultimate pecuniary interest.
- [F8]Pursuant to the SPA, and an assignment agreement between CapLat and CapLat Espana dated July 25, 2025 (the "Assignment"), CapLat Espana exercised its right to acquire 1,939,468 shares of the issuer's common stock.
- [F9]Pursuant the Assignment, CapLat assigned all of its right, title and interest in its option to purchase the issuer's shares of common stock to CapLat Espana.