Director Jeffrey Royal (BOC) adds 41,046 BOSTON OMAHA shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BOSTON OMAHA Corp director Jeffrey C. Royal reported a series of open-market share purchases of Class A common stock. On May 22, 26, and 27, 2026, entities associated with him bought a total of 41,046 shares at prices around the low‑$12 range per share.
Indirectly held shares were purchased and held through Dundee BanCo, Inc., which directly owns those shares. Royal is an officer of Dundee BanCo, Inc. and disclaims beneficial ownership of its holdings except for his pecuniary interests. He also bought shares directly, bringing his directly owned position to 69,644 shares and his indirectly owned position to 31,046 shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 41,046 shares ($520,983)
Net Buy
4 txns
Insider
Royal Jeffrey C
Role
null
Bought
41,046 shs ($521K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock, par value $0.001 per share | 10,000 | $12.72 | $127K |
| Purchase | Class A common stock, par value $0.001 per share | 10,000 | $12.82 | $128K |
| Purchase | Class A common stock, par value $0.001 per share | 11,046 | $12.8176 | $142K |
| Purchase | Class A common stock, par value $0.001 per share | 10,000 | $12.40 | $124K |
Holdings After Transaction:
Class A common stock, par value $0.001 per share — 69,644 shares (Direct, null);
Class A common stock, par value $0.001 per share — 31,046 shares (Indirect, See Footnote)
Footnotes (1)
- The reported shares are directly owned by Dundee BanCo, Inc. Mr. Royal is an officer of Dundee BanCo, Inc. Mr. Royal disclaims beneficial ownership with respect to the shares held by Dundee BanCo, Inc. except to the extent of his pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. The reported shares are directly owned by Dundee BanCo, Inc. Mr. Royal is an officer of Dundee BanCo, Inc. Mr. Royal disclaims beneficial ownership with respect to the shares held by Dundee BanCo, Inc. except to the extent of his pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes. The shares purchased on May 26, 2026 were purchased in multiple transactions at an average price of $12.8176 per share and at individual transaction prices ranging from $12.60 to $12.84 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4. The reported shares are directly owned by Dundee BanCo, Inc. Mr. Royal is an officer of Dundee BanCo, Inc. Mr. Royal disclaims beneficial ownership with respect to the shares held by Dundee BanCo, Inc. except to the extent of his pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.
Key Figures
Total shares purchased: 41,046 shares
Purchase on May 27, 2026 (indirect): 10,000 shares at $12.82
Purchase on May 27, 2026 (direct): 10,000 shares at $12.72
+4 more
7 metrics
Total shares purchased
41,046 shares
Net open-market buys reported in this Form 4
Purchase on May 27, 2026 (indirect)
10,000 shares at $12.82
Class A common stock via Dundee BanCo, Inc.
Purchase on May 27, 2026 (direct)
10,000 shares at $12.72
Class A common stock held directly by Royal
Purchase on May 26, 2026 (indirect)
11,046 shares at $12.8176
Average price for multiple transactions via Dundee BanCo, Inc.
Purchase on May 22, 2026 (indirect)
10,000 shares at $12.40
Initial indirect block via Dundee BanCo, Inc.
Direct holdings after trades
69,644 shares
Class A common stock directly owned by Royal after May 27, 2026
Indirect holdings after trades
31,046 shares
Class A common stock held through Dundee BanCo, Inc.
Key Terms
open-market purchase, indirect ownership, beneficial ownership, pecuniary interests, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
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.
indirect ownership financial
""ownership_type": "indirect" and "direct_or_indirect": "I""
beneficial ownership financial
"Mr. Royal disclaims beneficial ownership with respect to the shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interests financial
"except to the extent of his pecuniary interests therein"
Section 16 regulatory
"for Section 16 or for any other purposes"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transactions did BOC director Jeffrey C. Royal report?
Jeffrey C. Royal reported multiple open-market purchases of BOSTON OMAHA Corp Class A common stock, totaling 41,046 shares. The trades occurred on May 22, 26, and 27, 2026 at prices in the low‑$12 range per share.
What is Dundee BanCo, Inc.’s role in the BOC insider transactions?
Several reported BOC transactions involve shares directly owned by Dundee BanCo, Inc. Royal is an officer of Dundee BanCo, Inc. and reports these as indirect holdings, while disclaiming beneficial ownership except to the extent of his pecuniary interests in that entity.
Were the BOC insider trades reported as purchases or sales?
All reported BOC insider transactions are coded as P, meaning open-market or private purchases of Class A common stock. The filing shows four separate buy transactions and no sales, resulting in a net increase in reported share holdings.