Dizon Romeo R 4

What Happened
Romeo Dizon, Chief Financial Officer of IRIDEX Corp (IRIX), reported a purchase of 1,500 shares on 2026-02-12. The shares were acquired at $1.43 per share for a total reported cost of $2,145. The filing lists the transaction type as a purchase (code P), described as "open market or private purchase" — a straightforward insider buy, which is generally considered more informative than routine sales.

Key Details

• Transaction date: 2026-02-12
• Transaction type/code: Purchase (P) — listed as "open market or private purchase"
• Price per share: $1.43
• Shares acquired: 1,500
• Total value: $2,145
• Shares owned after transaction: Not disclosed in the reported Form 4
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes disclosed on the filing
• Filing timeliness: Report filed on 2026-02-12 (same day as transaction), not indicated as late

Context
This is a small-value insider purchase ($2,145), so while purchases can signal insider confidence, the relatively modest size may limit its weight as a signal on its own. For retail investors, track additional insider buys or company developments for stronger corroboration before drawing conclusions.