Smith Charles Brandon 4
Research Summary
AI-generated summary
REALLOYS (ALOY) Former Officer Charles B. Smith Sells Shares
What Happened Charles Brandon (Charles B.) Smith, identified as a former officer of REALLOYS Inc. (ALOY), reported two open-market sales on Feb 27, 2026. He sold 7,500 shares at $15.00 each ($112,500) and 1,000 shares at $19.00 each ($19,000), for total proceeds of $131,500. These were sales (not purchases), which are often routine disposition of shares rather than a bullish signal.
Key Details
- Transaction dates and prices: Feb 27, 2026 — 7,500 shares @ $15.00; Feb 27, 2026 — 1,000 shares @ $19.00.
- Total proceeds: $131,500.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnote: Filing states it "includes 12,500 shares underlying an option granted to Mr. Smith which are vested."
- Filing date: Form 4 filed Mar 3, 2026; the filing shows no late-report flag.
Context
- The footnote indicates Mr. Smith has 12,500 vested option shares included in the reporting; the Form 4 does not show an option exercise concurrent with these sales. Vested options give the holder the right to buy shares, but this filing only documents sales of common shares.
- As with most insider sales, this report is factual disclosure of transactions and does not by itself explain the insider's motivation.