Form 4: OMEX chief executes three sales; holds 482,235 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Odyssey Marine Exploration (OMEX) reported insider transactions by CEO and Director Mark D. Gordon. A Form 4 shows three open‑market sales totaling 90,000 shares executed under a Rule 10b5‑1 trading plan adopted on May 15, 2025.
The sales occurred on 10/16/2025 (30,000 shares at a weighted average price of $3.8681), 10/17/2025 (30,000 shares at a weighted average price of $3.5), and 10/20/2025 (30,000 shares at a weighted average price of $3.5634). After these transactions, the reporting person beneficially owned 482,235 shares directly.
The filing notes that each transaction was executed in multiple trades within the stated price ranges and that full trade details are available upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 90,000 shares ($327,945)
Net Sell
3 txns
Insider
Gordon Mark
Role
Chief Executive Officer
Sold
90,000 shs ($328K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,000 | $3.5634 | $107K |
| Sale | Common Stock | 30,000 | $3.50 | $105K |
| Sale | Common Stock | 30,000 | $3.8681 | $116K |
Holdings After Transaction:
Common Stock — 482,235 shares (Direct)
Footnotes (1)
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FAQ
What did OMEX disclose in this Form 4?
Three open‑market sales by CEO/Director Mark D. Gordon totaling 90,000 shares under a Rule 10b5‑1 plan.
On what dates did the OMEX insider sales occur?
Sales were reported on 10/16/2025, 10/17/2025, and 10/20/2025.
What were the reported weighted average sale prices?
Weighted averages were $3.8681 (10/16), $3.5 (10/17), and $3.5634 (10/20).
Was there a 10b5-1 plan in place for these trades?
Yes. The sales were made under a 10b5‑1 trading plan adopted on May 15, 2025.