BioCardia (BCDA) CEO Peter Altman adds 5,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BioCardia, Inc. President and CEO Peter Altman reported an open-market purchase of 5,000 shares of common stock at $0.85 per share. After this transaction, he directly owns 298,266 BioCardia common shares, indicating a modest increase in his personal equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($4,250)
Net Buy
1 txn
Insider
Altman Peter
Role
President and CEO
Bought
5,000 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $0.85 | $4K |
Holdings After Transaction:
Common Stock — 298,266 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 5,000 shares
Purchase price: $0.85 per share
Shares owned after transaction: 298,266 shares
3 metrics
Shares purchased
5,000 shares
Open-market buy of common stock
Purchase price
$0.85 per share
Price paid in the June 9, 2026 transaction
Shares owned after transaction
298,266 shares
Direct holdings following the purchase
Key Terms
open-market purchase, transaction code P, Form 4
3 terms
open-market purchase financial
"reported an open-market purchase of 5,000 shares of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
transaction code P regulatory
"Transaction code P on the BioCardia Form 4 indicates a purchase"
Form 4 regulatory
"What does transaction code P mean in the BioCardia (BCDA) Form 4?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did BioCardia (BCDA) report for Peter Altman?
BioCardia reported that President and CEO Peter Altman purchased 5,000 shares of common stock in an open-market transaction. The shares were bought at a price of $0.85 per share, modestly increasing his direct ownership position in the company.
Was the BioCardia (BCDA) CEO transaction a purchase or a sale?
The transaction was a purchase. Peter Altman executed an open-market buy of 5,000 BioCardia common shares, classified as a purchase under transaction code P, rather than selling or disposing of any existing holdings.
What does transaction code P mean in the BioCardia (BCDA) Form 4?
Transaction code P on the BioCardia Form 4 indicates a purchase in the open market or a private transaction. In this case, it confirms that Peter Altman acquired 5,000 additional common shares rather than selling or gifting stock.