Cristopher Grunewald, an insider of SPOTLIGHT INNOVATION, INC., recently disposed of 300,000 shares of the company. The disposals took place at $0.00 per share, on December 06, 2016. Grunewald still owns 6,903,627 shares of the company. At least some of the disposals which took place during this transaction were gifts or donations. Grunewald operates out of West Des Moines, IA. Some additional info was provided as follows:
This transaction represents a gift / charitable donation to Compassion Builders International pursuant to an assignment agreement dated December 6, 2016. This is not a market transaction, thus no price has been reported. No value was received for the gifted shares.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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