Gorley Michael 4
Research Summary
AI-generated summary
ASP Isotopes (ASPI) Director Michael Gorley Sells 30,000 Shares
What Happened
- Michael Gorley, a director of ASP Isotopes Inc. (ASPI), sold 30,000 common shares in an open-market transaction on June 30, 2026. The weighted-average sale price was $6.27 per share (range $6.10–$6.63), for total proceeds of approximately $188,100. This was a sale (disposition), not a purchase or option exercise.
Key Details
- Transaction date: 2026-06-30 (reported on Form 4 filed 2026-07-01)
- Transaction type/code: Open-market sale (S)
- Shares sold: 30,000
- Price: Weighted average $6.27; individual trades ranged $6.10 to $6.63 (see footnote)
- Total proceeds: ~$188,100
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Footnote: F1 notes the reported price is a weighted average; the seller will provide a breakdown of the number of shares sold at each price within the stated range upon request
- Timeliness: Filing appears timely (Form 4 filed the next day, within the standard reporting window); no 10b5-1 plan, tax withholding, or other special conditions were indicated in the excerpt
Context
- Sales by insiders can be routine (diversification, cash needs, estate planning) and do not necessarily indicate a change in company outlook; purchases typically carry stronger signals of confidence. This report is factual—no motive is stated.