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Compensation award — excluded from discretionary-purchase analysis.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell.
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Nov 11, 2025
Reporting period
Not applicable
Filed with the SEC
Nov 13, 2025
CFOGrant / award
Context
Classification
grant award
Code A — grant or award
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001877939-25-000122
Filed / recorded
Nov 13, 2025, 11:53 AM UTC
Added to OQRO
Oct 8, 2026, 1:45 AM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
Castellum, Inc.
Issuer CIK
1877939
Ticker
CTM
Reporting person
David T Bell
Relationship
Officer, Other
Officer title
Chief Financial Officer
Security
Stock Options
Table
Derivative (Table II)
Transaction date
Nov 11, 2025
Transaction code
A
Shares / units
225,000
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
225,000
Ownership form
Direct
Amendment
No
Footnotes from the filing
In connection with his continued employment, on November 11, 2025 Mr. Bell received 225,000 stock options issued pursuant to the Castellum, Inc. Second Amended 2021 Stock Incentive Plan to purchase 225,000 shares of common stock which vest ratably over twenty months, commencing December 1, 2025.
Every dated public record OQRO holds about the company from 60 days before to 120 days after, oldest first. It shows what was going on; none of it is a stated reason for the trade.
