SenesTech, Inc.·4

Feb 3, 5:27 PM ET

GLENBROOK CAPITAL MANAGEMENT 4

Research Summary

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SenesTech (SNES) 10% Owner Glenbrook Capital Buys Shares

What Happened
Glenbrook Capital Management, a reported 10% owner of SenesTech (SNES), made two open-market purchases of SNES stock: 5,399 shares at $1.87 on Jan 30, 2026 (≈ $10,106) and 42,739 shares at $1.98 on Feb 2, 2026 (≈ $84,418). Total acquired across both trades: 48,138 shares for about $94,524. These were purchases (transaction code P).

Key Details

  • Transaction dates and prices:
    • 2026-01-30: 5,399 shares @ $1.87 (≈ $10,106)
    • 2026-02-02: 42,739 shares @ $1.98 (≈ $84,418)
  • Total acquired: 48,138 shares; total value ≈ $94,524.
  • Filing: Form 4 filed 2026-02-03 covering the Jan 30 and Feb 2 trades — this filing date is within the usual 2-business-day reporting window for these transactions.
  • Footnote: The securities are held directly by PFS Trust and the Glenbrook Capital Management Inc. Employee Profit-Sharing Plan (GCM EPSP). Glenbrook acts as investment manager to those accounts and disclaims beneficial ownership except to the extent of any pecuniary interest.
  • Post-transaction holdings: Not specified in the provided filing details.

Context
These were institutional open-market purchases by a 10% owner acting as investment manager rather than an individual executive. Purchases are often viewed as more informative than routine sales, but the filing does not state any motive. The footnote clarifies the shares are held in managed trust/plan accounts and Glenbrook disclaims direct beneficial ownership except for any pecuniary interest.