Cote John D. 4
Research Summary
AI-generated summary
GPGI Director John D. Cote Buys 5,800 Shares
What Happened
John D. Cote, a director of GPGI, purchased 5,800 shares of GPGI common stock in an open-market transaction on March 17, 2026. The reported weighted-average price was $17.10 per share, for a total transaction value of approximately $99,180. This was a purchase (code P), which is generally treated as a more informative signal than routine sales.
Key Details
- Transaction date: 2026-03-17 (reported on Form 4 filed 2026-03-18) — filing appears timely.
- Trade: Purchase of 5,800 shares at a weighted-average price of $17.10; total ≈ $99,180.
- Price range: shares were bought in multiple trades at prices between $17.08 and $17.14 (footnote F1).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- F1: Weighted-average price; reporter can provide breakdown of quantities at each price on request.
- F2–F4: Disclaimers and notes that securities may be beneficially owned indirectly through entities (Tungsten 2024 LLC, Resolute Compo Holdings LLC, C 323 Holdings, Ridge Valley LLC) and that those entities and individuals disclaim ownership except to the extent of pecuniary interest.
Context
- This was an outright open-market purchase (no option exercise or award). Purchases by insiders can be viewed as a positive signal but are not definitive evidence of future performance.
- No 10b5-1 plan, tax withholding, or other special transfer codes were indicated in the excerpt provided.
- If you rely on insider activity, consider this purchase alongside other filings, company fundamentals, and market conditions.