FRANK BENINTENDO - 15 May 2024 Form 4 Insider Report for GLOBAL TECH INDUSTRIES GROUP, INC. (GTII)

Signature
/s/ Frank Benintendo
Issuer symbol
GTII
Transactions as of
15 May 2024
Transactions value $
-$1,186
Form type
4
Filing time
17 May 2024, 16:49:22 UTC
Previous filing
18 Apr 2024
Next filing
12 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GTII Common Stock Sale -$1,186 -7,882 -0.09% $0.1505 8,700,391 15 May 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares sold pursuant to a 10b5-1 trading plan.
F2 The shares were sold at a price of $0.1925 per share.