moonpatrol| Directors of Zentek (GNTX.US) sold 4,716 common shares worth approximately US$162,500

Reported on May 21moonpatrolAccording to a filing disclosed by the U.S. Securities and Exchange Commission (SEC) on May 21,$Gentek (GNTX)moonpatrol.US)$Director GOODE GARY F sold 4,716 ordinary shares on May 20 at an average price of $34.4578 per share, with a value of approximately $162,500.

This transaction involves another related party: ANDERSON JOSEPH B JR.

Photo source: SEC official website

What is a shareholding change statement?

The SEC requires insiders of listed companies to publicly disclose their securities transactions and shareholdings. When an insider's shareholding changes, depending on different circumstances, a shareholding change statement needs to be submitted to the SEC within a certain period of time after the transaction ends.

Insiders include company directors and executives, as well as any shareholder who owns 10% or more of the company's outstanding shares.