ELRAY RESOURCES, INC. bought ETHZ
July 27, 2025 · Form 4 insider transaction
ELRAY RESOURCES, INC. bought 3,000,000 shares of ETHZ at $1.68 per share, a transaction worth $5.04M. The trade was recorded as exercise of in-the-money option and disclosed on an SEC Form 4.
Direction
Acquired (buy-side)
Shares
3,000,000
Price
$1.68
Total value
$5.04M
InsiderELRAY RESOURCES, INC.
Role—
CompanyETHZ
SecurityCommon Stock
Transaction codeX: Exercise of in-the-money option
Transaction dateJuly 27, 2025
Filing dateAugust 18, 2025
Shares owned after4,318,000
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Includes 1,318,000 shares of Common Stock that are expected to be repurchased by the Issuer following the date of this Form 4 pursuant to the terms of that certain Settlement and Release Agreement dated and effective April 23, 2024, by and between the Issuer, Elray Resources, Inc. and Luxor Capital, LLC, as previously disclosed.