PennantPark (PNNT) CFO Richard Allorto Jr Buys 15,000 Shares

What Happened
Richard T. Allorto Jr, CFO and Treasurer of PennantPark Investment Corp (PNNT), acquired 15,000 shares of PNNT on March 11, 2026 via an open-market purchase at $4.88 per share, for a total cost of $73,200. The Form 4 reporting this transaction was filed with the SEC on March 12, 2026.

Key Details

• Transaction date: 2026-03-11; Form 4 filed: 2026-03-12 (Accession 0001193125-26-104100)
• Transaction type/code: Open-market purchase (P)
• Price and size: 15,000 shares at $4.88 per share — total ~$73,200
• Shares owned after transaction: Not specified in the provided filing details
• Footnotes/plan: No 10b5-1 plan, tax-withholding, or other footnotes indicated in the supplied summary
• Timeliness: Report appears to be filed the next business day (not flagged as late)

Context
Insider purchases can be informative because they show executives investing their own money in the company, but they are not proof of future performance. For a fuller view, investors should check the insider’s total holdings, look for any related filings (e.g., 10b5-1 plans), and consider this trade alongside company fundamentals and market conditions.