Mark A. Lipparelli has reported a significant acquisition of shares in Galaxy Gaming, Inc. This transaction, which took place on September 30, 2026, involved the purchase of 10,536 shares at a price of $1.60 per share, bringing his total ownership to 2,041,866 shares. Lipparelli's actions underscore a strong confidence in the company's future and its position within the amusement and recreation services sector.
Galaxy Gaming, Inc. operates within the amusement and recreation services industry, focusing on providing innovative gaming solutions. The company is based in Las Vegas, Nevada, and has a notable presence in the gaming sector. Lipparelli serves as a director at Galaxy Gaming, which highlights his active role in the company's strategic direction.
The recent filing, accession number 0001193125-26-418805, details Lipparelli's acquisition, indicating a direct ownership stake. Following this transaction, Lipparelli continues to hold a significant number of shares, reflecting his ongoing commitment to the company.
This acquisition may influence other stakeholders in the amusement and recreation services sector, as it showcases Lipparelli's belief in Galaxy Gaming's growth potential. The filing does not specify any immediate next steps following this transaction.
Transaction Details
The acquisition of 10,536 shares was executed at a price of $1.60 per share, as reported in the SEC Form 4 filing dated October 9, 2026. This transaction was categorized as an acquisition, denoted by the transaction code 'A'. Following this acquisition, Lipparelli's total ownership in Galaxy Gaming stands at 2,041,866 shares, indicating a direct ownership stake.
Company Information
Galaxy Gaming, Inc. is identified under the Central Index Key (CIK) 0000013156 and operates in the amusement and recreation services sector, specifically classified under the Standard Industrial Classification (SIC) code 7900. The company’s fiscal year ends on December 31, and its business address is 6480 Cameron Street, Suite 305, Las Vegas, NV 89118.
Ownership Status
Mark A. Lipparelli is recognized as a director of Galaxy Gaming, emphasizing his influential role within the company. The filing confirms that Lipparelli is not an officer or a ten percent owner, but his directorship positions him to impact the company's strategic decisions significantly.
“Mark A. Lipparelli’s recent share acquisition reflects his ongoing commitment to Galaxy Gaming and confidence in its future prospects.”
Filing Context
The filing does not provide details regarding any potential future plans or strategies that may arise from Lipparelli's increased stake in the company. Additionally, there is no information on whether other insiders or stakeholders may follow suit in acquiring shares.