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Revolve Group(RVLV.US) 10% Shareholder Sells US$7.78 Million in Common Stock

Moomoo News ·  Nov 7, 2024 08:08

$Revolve Group (RVLV.US)$ 10% Shareholder MMMK Development, Inc. sold 257.48K shares of common stock on Nov 4, 5, 6, 2024 at an average price of $30.21 for a total value of $7.78 million.

This transaction involves other related parties: Karanikolas Michael and Mente Michael.

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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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