Form 4: Tego Cyber CEO Robert Mikkelsen Acquires 10,000 Shares of Common Stock
SEC Form 4 Filing
Robert Mikkelsen, CEO/CFO of Tego Cyber, Inc., purchased 10,000 shares of common stock at $0.103 per share on March 26, 2024.
Summary
- On March 26, 2024, Robert Mikkelsen, the CEO/CFO of Tego Cyber, Inc. (TGCB), acquired 10,000 shares of the company's common stock.
- The purchase price was $0.103 per share.
- Following the transaction, Mikkelsen directly owns 1,720,000 shares of Tego Cyber, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. Insider buying can be seen as a positive signal, but it's a single transaction and doesn't guarantee future performance.
Positives
- The CEO's purchase of shares could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
Insider buying is often monitored by investors as it can provide insights into management's view of the company's valuation and future performance. It's a common practice and is regulated to prevent illegal insider trading.
Stakeholder Impact
- The stock purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of the stock purchase transaction. |
Keywords
Tego Cyber, Robert Mikkelsen, stock purchase, Form 4, insider trading, TGCB, CEO, CFO
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