Ives Glen R 4

What Happened
Glen R. Ives, CEO of Castellum, Inc. (CTM), made an open-market purchase of 2,000 shares on March 27, 2026. The shares were acquired at $0.62 per share for a total reported cost of approximately $1,231. This was a purchase (transaction code P), which is generally treated as a direct acquisition of stock rather than a sale or option exercise.

Key Details

• Transaction date and price: 2026-03-27, 2,000 shares at $0.62 each (total ≈ $1,231)
• Transaction type: Open-market purchase (Code P)
• Shares owned after transaction: Not specified in the filing
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes referenced in the reported transaction
• Filing timeliness: Filing date matches the report date (2026-03-27); no late filing indicated in the record

Context
Purchases by insiders can attract attention because they represent a personal investment in the company; however, this reported purchase is modest in dollar value. The filing contains no additional details (e.g., 10b5-1 sale plan or immediate resale) that would change the basic interpretation: the CEO added stock to his holdings via an open-market buy.