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EMCORE(EMKR.US) 10% Shareholder Sells US$1.41 Million in Common Stock

moomoo News ·  May 13 14:32

$EMCORE (EMKR.US)$ 10% Shareholder Archon Capital Management LLC sold 1.26 million shares of common stock on May 9, 2024 at an average price of $1.1226 for a total value of $1.41 million.

This transaction involves other related parties: CHRISTOFILIS, CONSTANTINOS.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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