Megalith Financial Acquisition Corp (MFAC) is a publicly traded company in the Unknown sector. Across all available filings, 3 corporate insiders have executed 7 transactions totaling $5.4M, demonstrating a bearish sentiment with -$5.4M in net insider flow. The most recent transaction on Dec 4, 2020 involved a sale of 240,081 shares valued at $2.7M.
No significant insider buying has been recorded for MFAC in the recent period.
No significant insider selling has been recorded for MFAC in the recent period.
Based on recent SEC filings, insider sentiment for MFAC is bearish with an Insider Alignment Score of 0/100 and a net flow of -$5.4M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at Megalith Financial Acquisition Corp (MFAC) 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, 3 insiders are actively trading MFAC stock, having executed 7 transactions in the past 90 days. The most active insider is Capital, Llc Glazer (Executive), who has made 1 transactions totaling $16.8M.
Get notified when executives and directors at MFAC file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Dec 4, 2020 | J. Glazer Paul | Executive | Sale | 240,081 | $11.04 | $2.7M | Large |
| Dec 3, 2020 | J. Glazer Paul | Executive | Sale | 55,478 | $10.80 | $599.2K | Large |
| Jun 5, 2020 | Llc Glazer Capital, | Executive | Other | 1,620,339 | $10.38 | $16.8M | Large |
| Jun 3, 2020 | Llc Millennium Management | Executive | Sale | 21 | $10.55 | $222 | |
| Jun 3, 2020 | Llc Millennium Management | Executive | Sale | 189 | $10.52 | $2.0K | |
| Jun 3, 2020 | Llc Millennium Management | Executive | Sale | 91 | $10.50 | $956 | |
| Jun 3, 2020 | Llc Millennium Management | Executive | Sale | 209,699 | $10.45 | $2.2M | Large |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Other(J) | 1 | $16.8M | 75.5% |
Sale(S) | 6 | $5.4M | 24.5% |
Insider selling pressure at Megalith Financial Acquisition Corp has increased, with 3 insiders executing 7 transactions across all time. Total sales of $5.4M significantly outpace purchases of $0, resulting in a net outflow of $5.4M. This selling activity appears largely discretionary, which may warrant closer attention from investors.