GTII · GLOBAL TECH INDUSTRIES GROUP, INC. · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note B to the financial statements, the Company's significant operating losses raise substantial doubt about its ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.”View the 10-K filed Apr 16, 2024
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2024-07-09 | Rahbari Afshin Luke |
Chief Operating Officer |
Award↑
Filing footnotes — Common Stock, $0.001 par value (Direct)
On July 9, 2024, the Issuer issued 8,000,000 shares of its common stock to the Reporting Person pursuant to the terms of the employment agreement, dated as of July 2, 2024 (the "Agreement"), between the Reporting Person and the Issuer. |
Common Stock, $0.001 par value
|
8,000,000 |
| 2024-06-11 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Other↓
Filing footnotes — Common Stock (Direct)
On June 11, 2024, Global Tech Industries Group, Inc. (the "Company") entered into a Stock Cancellation Agreement with the Reporting Person pursuant to which 21,288,187 shares of the Company's common stock, $0.001 par value per share (the "Shares"), were canceled and are no longer issued and outstanding. The Shares were previously issued by the Company to the Reporting Person on or about January 25, 2023. The amount reflects the correct total after the presented transaction. |
Common Stock
|
21,288,187 |
| 2024-06-11 | GILBERT DON HAROLD |
Director |
Other↓
Filing footnotes — Common Stock (Direct)
On June 11, 2024, Global Tech Industries Group, Inc. (the "Company") entered into a Stock Cancellation Agreement with the Reporting Person pursuant to which 3,416,114 shares of the Company's common stock, $0.001 par value per share (the "Shares"), were canceled and are no longer issued and outstanding. The Shares were previously issued by the Company to the Reporting Person on or about January 25, 2023. The amount reflects the correct total after the presented transaction. |
Common Stock
|
3,416,114 |
| 2024-06-11 | Griffin Kathy M |
Director, President |
Other↓
Filing footnotes — Common Stock (Direct)
On June 11, 2024, Global Tech Industries Group, Inc. (the "Company") entered into a Stock Cancellation Agreement with the Reporting Person pursuant to which 8,432,848 shares of the Company's common stock, $0.001 par value per share (the "Shares"), were canceled and are no longer issued and outstanding. The Shares were previously issued by the Company to the Reporting Person on or about January 25, 2023. The amount reflects the correct total after the presented transaction. |
Common Stock
|
8,432,848 |
| 2024-06-11 | BENINTENDO FRANK |
Director, Secretary |
Other↓
Filing footnotes — Common Stock (Direct)
On June 11, 2024, Global Tech Industries Group, Inc. (the "Company") entered into a Stock Cancellation Agreement with the Reporting Person pursuant to which 3,323,565 shares of the Company's common stock, $0.001 par value per share (the "Shares"), were canceled and are no longer issued and outstanding. The Shares were previously issued by the Company to the Reporting Person on or about January 25, 2023. The amount reflects the correct total after the presented transaction. |
Common Stock
|
3,323,565 |
| 2024-05-15 | BENINTENDO FRANK |
Director, Secretary |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.1925 per share. |
Common Stock
|
7,882 |
| 2024-05-15 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.1925 per share. |
Common Stock
|
64,736 |
| 2024-05-15 | GILBERT DON HAROLD |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.1925 per share. |
Common Stock
|
7,666 |
| 2024-05-15 | Griffin Kathy M |
Director, President |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.1925 per share. |
Common Stock
|
19,344 |
| 2024-04-16 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.1925 per share. |
Common Stock
|
64,736 |
| 2024-04-16 | Griffin Kathy M |
Director, President |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.1925 per share. |
Common Stock
|
19,344 |
| 2024-04-16 | BENINTENDO FRANK |
Director, Secretary |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.1925 per share. |
Common Stock
|
7,882 |
| 2024-04-16 | GILBERT DON HAROLD |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.1925 per share. |
Common Stock
|
7,666 |
| 2024-03-15 | Griffin Kathy M |
Director, President |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.2953 per share. |
Common Stock
|
19,344 |
| 2024-03-15 | GILBERT DON HAROLD |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.2953 per share. |
Common Stock
|
7,666 |
| 2024-03-15 | BENINTENDO FRANK |
Director, Secretary |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.2953 per share. |
Common Stock
|
7,882 |
| 2024-03-15 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.2953 per share. |
Common Stock
|
64,736 |
| 2024-02-15 | GILBERT DON HAROLD |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.2112 per share. |
Common Stock
|
7,666 |
| 2024-02-15 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.2112 per share. |
Common Stock
|
64,736 |
| 2024-02-15 | BENINTENDO FRANK |
Director, Secretary |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.2112 per share. |
Common Stock
|
7,882 |
| 2024-02-15 | Griffin Kathy M |
Director, President |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.2112 per share. |
Common Stock
|
19,344 |
| 2024-01-16 | BENINTENDO FRANK |
Director, Secretary |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.222 per share. |
Common Stock
|
7,882 |
| 2024-01-16 | Griffin Kathy M |
Director, President |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.222 per share. |
Common Stock
|
19,344 |
| 2024-01-16 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.222 per share. |
Common Stock
|
64,736 |
| 2024-01-16 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.222 per share. |
Common Stock
|
64,736 |
| 2024-01-16 | GILBERT DON HAROLD |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.222 per share. |
Common Stock
|
7,666 |
| 2023-12-31 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Gift↓
Filing footnotes — Common Stock (Direct)
This transaction involved a gift of securities by the Reporting Person. Disposition price is not applicable as this transaction was a bona fide gift. |
Common Stock
|
20,000 |
| 2023-12-15 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.4259 per share. |
Common Stock
|
64,736 |
| 2023-12-15 | Griffin Kathy M |
Director, President |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.4259 per share. |
Common Stock
|
19,344 |
| 2023-12-15 | GILBERT DON HAROLD |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.4259 per share. |
Common Stock
|
7,666 |
| 2023-12-15 | BENINTENDO FRANK |
Director, Secretary |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.4259 per share. |
Common Stock
|
7,882 |
| 2023-11-15 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.5197 per share. |
Common Stock
|
64,736 |
| 2023-11-15 | BENINTENDO FRANK |
Director, Secretary |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.5197 per share. |
Common Stock
|
7,882 |
| 2023-11-15 | Griffin Kathy M |
Director, President |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.5197 per share. |
Common Stock
|
19,344 |
| 2023-11-15 | GILBERT DON HAROLD |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.5197 per share. |
Common Stock
|
7,666 |
| 2023-10-16 | Griffin Kathy M |
Director, President |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.6966 per share. |
Common Stock
|
19,344 |
| 2023-10-16 | GILBERT DON HAROLD |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.6966 per share. |
Common Stock
|
7,666 |
| 2023-10-16 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.6966 per share. |
Common Stock
|
64,736 |
| 2023-10-16 | BENINTENDO FRANK |
Director, Secretary |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.6966 per share. |
Common Stock
|
7,882 |
| 2023-09-15 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.807 per share. |
Common Stock
|
64,736 |
| 2023-09-15 | GILBERT DON HAROLD |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.807 per share. |
Common Stock
|
7,666 |
| 2023-09-15 | Griffin Kathy M |
Director, President |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.807 per share. |
Common Stock
|
19,344 |
| 2023-09-15 | BENINTENDO FRANK |
Director, Secretary |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.807 per share. |
Common Stock
|
7,882 |
| 2023-08-15 | BENINTENDO FRANK |
Director, Secretary |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.7531 per share. |
Common Stock
|
7,882 |
| 2023-08-15 | GILBERT DON HAROLD |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.7531 per share. |
Common Stock
|
7,666 |
| 2023-08-15 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.7531 per share. |
Common Stock
|
64,736 |
| 2023-08-15 | Griffin Kathy M |
Director, President |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.7531 per share. |
Common Stock
|
19,344 |
| 2023-07-19 | GILBERT DON HAROLD |
Director |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.8789 per share. |
Common Stock
|
7,666 |
| 2023-07-19 | REICHMAN DAVID I |
Director, Chief Executive Officer, 10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.8789 per share. |
Common Stock
|
64,736 |
| 2023-07-19 | Griffin Kathy M |
Director, President |
Sell↓
Filing footnotes — Common Stock (Direct)
Shares sold pursuant to a 10b5-1 trading plan. The shares were sold at a price of $0.8789 per share. |
Common Stock
|
19,344 |