CORCORAN E THOMAS 4

What Happened
Corcoran E. Thomas, a director of Phibro Animal Health Corp. (PAHC), made an open-market purchase of 10,000 shares on 2026-05-29 at a weighted average price of $31.77 per share, for a total of approximately $317,700. This transaction is coded as a purchase (P), which is typically viewed as a direct acquisition of company stock.

Key Details

• Transaction date: 2026-05-29 (filed with the SEC on 2026-06-02; appears to meet the 2-business-day Form 4 filing deadline).
• Price: weighted average $31.77; individual trades ranged from $31.66 to $31.85 (footnote F1). The reporting person can provide a breakdown of amounts at each price on request.
• Shares purchased: 10,000; total value ≈ $317,700.
• Shares owned after the transaction: not specified in the provided filing.
• Additional note: filing states it "Includes 1,459 shares acquired under a dividend reinvestment plan sponsored by the Reporting Person's broker" (footnote F2) — this pertains to the ownership reported in the filing.
• Transaction code: P = Purchase (open market).

Context
This was an outright open-market purchase (not an option exercise, gift, or grant). Purchases by insiders can be taken as a signal of personal investment but do not by themselves prove future company performance. The filing includes a weighted-average price disclosure and a promise to provide per-trade pricing detail on request.