BOLDUC JOHN 4
Research Summary
AI-generated summary
WhiteHorse Finance (WHF) Director John Bolduc Buys 14,280 Shares
What Happened
John Bolduc, a director of WhiteHorse Finance, purchased a total of 14,280 shares via open-market transactions (code P) on June 4–5, 2026. The purchases were four equal lots of 3,570 shares each, reported at $6.87 and $6.88 on June 4, and $6.77 and $6.76 on June 5, for aggregate consideration of approximately $97,390. These were outright purchases (acquisitions), not sales or option exercises.
Key Details
- Transaction dates and reported prices:
- 2026-06-04: 3,570 shares @ $6.87 = $24,526
- 2026-06-04: 3,570 shares @ $6.88 = $24,562
- 2026-06-05: 3,570 shares @ $6.77 = $24,169
- 2026-06-05: 3,570 shares @ $6.76 = $24,133
- Total shares purchased: 14,280; total reported cost: about $97,390.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes of note:
- F1 & F2: Mr. Bolduc reports ownership through entities (Bolduc Family LP and Bolduc Investments X, LLC) and disclaims direct beneficial ownership except to his pecuniary interest.
- F3–F6: Reported prices are weighted averages; purchases occurred across price ranges ($6.74–$6.93 depending on lot). Mr. Bolduc offered to provide a breakdown of exact quantities at each price on request.
- Filing/reporting: Form 4 filed with the SEC on 2026-06-05 reporting transactions on 2026-06-04 and 06-05.
Context
These were basic open-market purchases (code P), which are direct insider buys. While insider purchases are often watched by investors as a potential positive signal, they do not guarantee future performance. Note that the shares are held through investment entities (per footnotes), which affects how beneficial ownership is reported.