Marinelli Jon R 4
Research Summary
AI-generated summary
United States Antimony (UAMY) Director Jon Marinelli Buys 12,500 Shares
What Happened
Jon R. Marinelli, a director of United States Antimony Corp (UAMY), reported an open-market purchase of 12,500 common shares on 2026-06-15. The filing shows a weighted-average purchase price of $7.45 per share for a total cash outlay of $93,125. This transaction is a straight purchase (code P), which is generally viewed as a direct acquisition rather than a sale.
Key Details
- Transaction date: 2026-06-15 (reported on Form 4 filed 2026-06-17).
- Price: weighted average $7.45 per share; purchases occurred at prices ranging from $7.41 to $7.50 (per footnote).
- Shares acquired: 12,500 (total value ≈ $93,125).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote: reporting person states the $7.45 is a weighted average; purchases happened in multiple trades at $7.41–$7.50 and the reporter can supply the per-trade breakdown on request.
- Filing timeliness: Form 4 was filed two days after the transaction date (appears to be within the normal 2-business-day reporting window).
Context: This was an open-market purchase (direct buy), not an option exercise, gift, or tax-withholding event. Purchases by directors can be seen as a direct buy signal, but they do not on their own explain motivation or timing. If you want exact per-trade prices or post-transaction holdings, the footnote indicates the reporting person can provide the detailed breakdown upon request.