4Filed Aug 2, 8:00 PM ET
Digital Currency X (DCX) CEO Melissa Chen Buys 41,000 Shares
$DCX · Digital Currency X Technology Inc.Research Summary
AI-generated summary of this SEC filing
Digital Currency X (DCX) CEO Melissa Chen Buys 41,000 Shares
What Happened
Melissa Chen, CEO of Digital Currency X Technology Inc. (DCX), made an open-market purchase of 41,000 common shares on July 30, 2026. The Form 4 reports a total acquisition value of $51,250; Column 4 lists a weighted average price of $1.25 per share (see footnote for price range). This was a purchase (insider buying).
Key Details
- Transaction date: July 30, 2026 (reported on Form 4 filed August 3, 2026).
- Price reported: $1.25 per share (weighted average); footnote F1 says individual trades ranged from $1.22 to $1.25.
- Shares acquired: 41,000; total reported value ≈ $51,250.
- Shares owned after transaction: Not specified in the filing.
- Footnote F1: Multiple same-day open-market purchases executed through a broker resulted in a weighted-average price; individual fills ranged $1.22–$1.25.
- Filing timeliness: Form filed August 3, 2026. The filing falls within the typical two-business-day Form 4 reporting window for the July 30 transaction.
Context
- This was a straightforward open-market purchase (transaction code P). Insider purchases can be of interest to investors as one data point of executive buying, but they do not prove future company performance.
- No options exercise, grant, gift, or tax-withholding transaction is reported in this filing.