Insider Daniel D'Amato Files to Sell Almonty Industries Shares
| Field | Detail |
|---|---|
| Company | D'Amato Daniel Guy |
| Form Type | 144 |
| Filed Date | Mar 23, 2026 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | bearish |
Complexity: simple
Sentiment: bearish
Topics: insider-sale, form-144, almonty-industries, director-activity
TL;DR
**Insider D'Amato is selling Almonty shares, watch for potential price dip.**
AI Summary
Daniel Guy D'Amato, a reporting person, filed a Form 144 on March 23, 2026, indicating a proposed sale of securities in Almonty Industries Inc. (CIK: 0001670061). This filing signals that a significant insider intends to sell shares, which could increase the supply of shares on the market. For current or prospective shareholders, this matters because a large insider sale can sometimes be interpreted as a lack of confidence in the company's future prospects, potentially putting downward pressure on the stock price.
Why It Matters
This filing indicates a potential increase in the supply of Almonty Industries Inc. shares on the market, which could lead to price volatility or downward pressure. Investors often view insider sales as a signal regarding the company's future outlook.
Risk Assessment
Risk Level: medium — Insider sales can signal a lack of confidence, potentially leading to negative market sentiment and stock price decline.
Analyst Insight
A smart investor would monitor Almonty Industries Inc.'s stock performance closely and research the reasons behind Daniel Guy D'Amato's proposed sale, considering if it signals a broader trend or specific personal financial planning.
Key Players & Entities
- D'Amato Daniel Guy (person) — Reporting person proposing to sell securities
- Almonty Industries Inc. (company) — Subject company whose securities are being sold
- 0001670061 (company) — CIK of Almonty Industries Inc.
- 0002119202 (person) — CIK of D'Amato Daniel Guy
- 2026-03-23 (date) — Filing date of Form 144
Forward-Looking Statements
- The stock price of Almonty Industries Inc. may experience downward pressure due to increased supply from the insider sale. (Almonty Industries Inc.) — medium confidence, target: Within 3 months of filing date
FAQ
Who is proposing to sell securities according to this Form 144?
Daniel Guy D'Amato (CIK: 0002119202) is the reporting person proposing to sell securities.
Which company's securities are involved in this proposed sale?
The securities of Almonty Industries Inc. (CIK: 0001670061) are involved in this proposed sale.
When was this Form 144 filed?
This Form 144 was filed on March 23, 2026.
Filing Stats: 668 words · 3 min read · ~2 pages · Grade level 15.4 · Accepted 2026-03-23 18:05:23
Filing Documents
- primary_doc.html (144)
- primary_doc.xml (144) — 3KB
- 0001493152-26-012213.txt ( ) — 5KB
From the Filing
Form 144 Filer Information UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 FORM 144 144: Filer Information Is this a LIVE or TEST Filing? LIVE TEST Submission Contact Information Name Phone E-Mail Address 144: Issuer Information Name of Issuer Almonty Industries Inc. Address of Issuer 100 King Street West, Suite 5700 Toronto ONTARIO, CANADA M5X1C7 Phone 647-438-9766 Name of Person for Whose Account the Securities are To Be Sold Daniel D'Amato See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. Relationship to Issuer Affiliate 144: Securities Information Title of the Class of Securities To Be Sold Name and Address of the Broker Number of Shares or Other Units To Be Sold Aggregate Market Value Number of Shares or Other Units Outstanding Approximate Date of Sale Name the Securities Exchange Common Merrill Lynch 900 S US Highway 1, Suite 400 Jupiter � FL � 33477 5000000 84650000.00 281938231 03/23/2026 NASDAQ Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor: 144: Securities To Be Sold Title of the Class Date you Acquired Nature of Acquisition Transaction Name of Person from Whom Acquired Is this a Gift? Date Donor Acquired Amount of Securities Acquired Date of Payment Nature of Payment * Common 05/05/2011 Private Placement Almonty Industries Inc. 6925210 05/05/2011 Cash * If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid. Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold. 144: Securities Sold During The Past 3 Months Nothing to Report 144: Remarks and Signature Remarks Sales of the 5,000,000 shares of the issuer reported on this Form 144 will be effected through Almonty Partners, LLC, a Delaware limited liability company that is jointly owned by Daniel D'Amato (the "Reporting Person") and Michael Lewis Black, who is also an affiliate of the issuer. The Reporting Person and Mr. Black share dispositive and voting power of the shares held by Almonty Partners, LLC, and are each filing a Form 144 with respect to the aggregate number of 5,000,000 shares of the issuer being sold by Almonty Partners, LLC. Date of Notice 03/23/2026 ATTENTION: The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. Signature /s/ Daniel D'Amato ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)