According to documents disclosed by the Securities and Exchange Commission (SEC) on January 27th,$Adamas One (JEWL.US)$President and CEO Grdina John added 20, 000 common shares, valued at approximately $50200, at an average price of $2.5078 per share on January 26.
What is the statement of shareholding change?
SEC requires insiders of listed companies to publicly disclose their securities trading and shareholdings. When the insider's shareholding changes, it is necessary to submit a shareholding change statement to SEC within a certain period of time after the end of the transaction.
Insiders include directors and executives of the company, as well as any shareholders who own 10% or more of the company's outstanding shares.