Pham Benjamin 4
Research Summary
AI-generated summary
Strive (ASST) CFO Benjamin Pham Buys Stock
What Happened
Benjamin Pham, Chief Financial Officer of Strive, Inc. (ASST), made two open‑market purchases (code P) of the company's Class A common stock. On 2026-02-17 he acquired 7,900.286 shares at a weighted average price of $8.23 for a reported cost of $65,000, and on 2026-02-18 he acquired 6,213.837 shares at a weighted average price of $8.06 for a reported cost of $50,095. Combined, these purchases total 14,114.123 shares for $115,095. These are purchases (a buy), which insiders sometimes view as a positive signal but can also be routine.
Key Details
- Transaction dates and prices:
- 2026-02-17: 7,900.286 shares @ $8.23 (weighted avg) = $65,000 (see footnote F1 for price range).
- 2026-02-18: 6,213.837 shares @ $8.06 (weighted avg) = $50,095 (see footnote F2 for price range).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- F1/F2: Each reported price is a weighted average; shares were bought in multiple trades at prices within the ranges given (F1: $7.9980–$8.3582; F2: $8.0000–$8.0906). Full breakdown is available on request to the issuer/SEC staff.
- F3: Reported amounts in Column 5 were adjusted for a 1-for-20 reverse stock split effective Feb 6, 2026; fractional shares were rounded up.
- F4/F5/F6: Additional notes reference shares held in the reporting person’s 401(k)/IRA and securities held by an LLC managed by the reporting person (standard beneficial‑ownership clarifications).
- Filing timeliness: Report filed 2026-02-19 covering trades on 2026-02-17 and 02-18 — appears to be timely under Form 4 reporting rules.
Context
- These were straightforward open‑market purchases (not option exercises, gifts, or awards). Footnotes indicate multiple executions at slightly different prices; the filing offers to provide the per‑trade breakdown if requested. Purchases by executives can attract attention as potential insider confidence signals, but this filing is factual and does not state the insider’s motivation.