Golden Matrix CEO Sells 50,000 Shares While Retaining Multi-Million Share Stake

Golden Matrix Group Inc. disclosed that Chief Executive Anthony Brian Goodman sold 50,000 shares of company stock on November 24, 2025, based on a regulatory statement submitted with Luxor Capital LLC. The transaction was executed under a trading plan intended to meet Rule 10b5-1(c) safe harbor criteria, signaling structured insider selling activity. Despite the sale, Goodman remains one of the company’s largest shareholders.

The report identifies Goodman as a director, officer, and holder of more than ten percent of outstanding shares. Both his personal address and the registered address of Luxor Capital appear in Las Vegas, linking the executive directly to the investment entity that houses additional common shares. Following the trade, Goodman continues to hold more than 7.4 million shares directly, while a separate block of more than 8.4 million shares is attributed to his indirect ownership through Luxor Capital.

The shares were sold at roughly eighty cents each, with individual sale prices spanning a range between seventy-five and eighty-five cents. The disclosure notes that full pricing detail can be made available to regulators or shareholders upon request. Because the transaction remained within a structured plan, it aligns with regulatory expectations established to prevent improper use of non-public information.

Goodman signed the document both individually and as managing member of Luxor Capital, demonstrating his control over the entity holding the additional shares. Neither he nor the affiliated organization indicated an end to ongoing reporting obligations, meaning future equity changes will continue to be publicly tracked.

As chief executive and a major shareholder, Goodman’s trading activity is significant to observers monitoring corporate leadership confidence and long-term strategy. With more than eight million shares linked to him even after the sale, he retains a substantial financial stake in Golden Matrix Group’s performance and direction. Future Form 4 submissions may provide further insight into his trading cadence and ongoing investment strategy.