Ridgepost Capital (PX) director adds 70,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Ridgepost Capital, Inc. director David M. McCoy bought more company stock in the open market. He purchased 70,000 shares of Class A common stock at a weighted average price of $7.37 per share in multiple trades priced between $7.275 and $7.42.
Following this transaction, McCoy directly owns 270,068 Ridgepost Capital shares, indicating a larger personal stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 70,000 shares ($515,900)
Net Buy
1 txn
Insider
McCoy David M.
Role
Director
Bought
70,000 shs ($516K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 70,000 | $7.37 | $516K |
Holdings After Transaction:
Class A Common Stock — 270,068 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ridgepost Capital director David M. McCoy report?
David M. McCoy reported an open-market purchase of Ridgepost Capital Class A common stock. He acquired 70,000 shares, increasing his direct holdings to 270,068 shares, signaling a larger personal ownership position in the company’s equity.
What does this Ridgepost Capital Form 4/A filing indicate to investors?
The Form 4/A shows a director buying 70,000 Ridgepost Capital shares in the open market. Such purchases increase the insider’s equity stake and provide transparency into management’s trading activity, helping investors track changes in insider ownership over time.