SEC Form 4 · accession 0001144204-17-046489
Envela Corp · ELA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joel S Friedman
Director
Period of report
Aug 31, 2017
Accepted (ET)
Sep 5, 2017 · 9:59 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000701719
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 31, 2017 | S | 100 | $1.37 | D | 7,167 | D | |
| Common Stock | Aug 31, 2017 | P | 100 | $1.34 | A | 7,267 | D |
Table II — derivative securities
No Table II lines on this filing.
Remarks
Stock sale was accidently initiated by a new on-line discount direct stock sale and purchase application. Joel immediately repurchased the 100 shares upon learning of the error. The price does not include commissions of $4 on each side of the transaction leaving him with a loss totaling $5.