FORMATION MINERALS, INC. (FOMI) is a publicly traded company in the Unknown sector. Across all available filings, 4 corporate insiders have executed 12 transactions totaling $122.9K, demonstrating a bullish sentiment with $122.9K in net insider flow. The most recent transaction on Jun 14, 2024 involved a purchase of 100 shares valued at $7.
No significant insider buying has been recorded for FOMI in the recent period.
No significant insider selling has been recorded for FOMI in the recent period.
Based on recent SEC filings, insider sentiment for FOMI is bullish with an Insider Alignment Score of 100/100 and a net flow of $122.9K. Insiders are accumulating shares, which historically signals confidence in the company's future performance.
Insider trading at FORMATION MINERALS, INC. (FOMI) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 4 insiders are actively trading FOMI stock, having executed 12 transactions in the past 90 days. The most active insider is Chan Tsz King (Executive), who has made 2 transactions totaling $122.8K.
Get notified when executives and directors at FOMI file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Jun 14, 2024 | Cox Scott | Executive | Purchase | 100 | $0.07 | $7 | |
| Jun 13, 2024 | Cox Scott | Executive | Purchase | 200 | $0.07 | $14 | |
| Jun 13, 2024 | Cox Scott | Executive | Purchase | 200 | $0.05 | $10 | |
| Jun 13, 2024 | Cox Scott | Executive | Purchase | 200 | $0.05 | $10 | |
| Jun 13, 2024 | Cox Scott | Executive | Purchase | 200 | $0.07 | $14 | |
| May 9, 2024 | Tang (albert) Li Sze | Executive | Award | 23,110,000 | $N/A | $0 | |
| May 19, 2023 | Tsz King Chan | Executive | Purchase | 1,228,000 | $0.10 | $122.8K | |
| Dec 17, 2022 | Damien Trainor John | Executive | Disposition | 56,821,000 | $N/A | $0 | |
| Dec 15, 2022 | Tsz King Chan | Executive | Award | 8,800,000 | $N/A | $0 | |
| Mar 9, 2022 | Damien Trainor John | Executive | Award | 51,821,000 | $N/A | $0 | |
| Feb 9, 2022 | Damien Trainor John | Executive | Award | 2,100,000 | $N/A | $0 | |
| Feb 9, 2022 | Tang (albert) Li Sze | Executive | Purchase | 500,000 | $N/A | $0 |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Purchase(P) | 7 | $122.9K | 100.0% |
Award(A) | 4 | $0 | 0.0% |
Disposition(D) | 1 | $0 | 0.0% |
Insiders at FORMATION MINERALS, INC. are accumulating shares at an accelerated pace. With 4 insiders making 12 transactions totaling $122.9K in purchases versus $0 in sales, the net buying activity of $122.9K signals strong executive confidence. Chan Tsz King (Executive) leads the buying activity with $122.8K in transactions across all time.