Big Digital Energy, Inc.·4

Jun 15, 9:05 PM ET

Endeavor Blockchain, LLC 4

Research Summary

AI-generated summary

Updated

Big Digital Energy (BGDE) 10% Owner Endeavor Blockchain Buys 69,670 Shares

What Happened
Endeavor Blockchain, LLC — a reported 10% owner of Big Digital Energy, Inc. (BGDE) — acquired a total of 69,670 shares in open-market purchases on June 11–12, 2026. The reported transactions sum to approximately $498,295. Individual reported trades: 24,224 shares @ $6.99 ($169,326); 9,662 @ $7.19 ($69,470); 10,000 @ $7.05 ($70,500); 8 @ $7.62 ($61); and 25,776 @ $7.33 ($188,938). These are outright purchases (transaction code P), which investors often view as a more informative/“bullish” sign than routine sales, though no motivation is stated.

Key Details

  • Transaction dates: June 11–12, 2026; Form 4 filed June 15, 2026 (filed on the second business day after the initial trades, i.e., timely).
  • Per-line trades and totals:
    • 2026-06-11: 24,224 sh @ $6.99 = $169,326
    • 2026-06-11: 9,662 sh @ $7.19 = $69,470
    • 2026-06-11: 10,000 sh @ $7.05 = $70,500
    • 2026-06-12: 8 sh @ $7.62 = $61
    • 2026-06-12: 25,776 sh @ $7.33 = $188,938
  • Reported total value: ~$498,295 for 69,670 shares.
  • Footnotes about pricing: some prices reported as weighted averages; underlying trades ranged $6.73–$7.45 and $7.00–$7.70. The filer offers to provide the breakdown of shares at each exact price upon request (F1, F6).
  • Ownership / relationships noted in the filing: shares purchased are owned by Endeavor Blockchain, LLC (F2). Joshua Kilgore is the sole member/manager of Endeavor Blockchain and is the Executive Chairman and a director of BGDE as of April 6, 2026 (F3). PM Squared, LLC and Cody Smith are noted as members of a “group” with Endeavor (F4–F5); Phil Stanley (PM Squared) is BGDE CEO/director and Cody Smith is COO/director as of April 6, 2026.
  • Shares owned after transaction: not specified in the transaction details provided here — check the original Form 4 for the “amount beneficially owned” field.

Context

  • These were open-market purchases by a 10% owner (an affiliated/institutional holder) rather than a non-affiliated retail insider. The filing notes group relationships among related holders and company officers.
  • Purchases by major holders can be interpreted as increased exposure, but they do not, by themselves, explain intent or future actions. For exact share ownership after these trades or more granular per-trade pricing, consult the full SEC Form 4 (Accession 0000912282-26-000833).