4Filed Aug 4, 8:00 PM ET
GBank CEO Edward Nigro Buys 9,200 Shares
$GBFH · GBank Financial Holdings Inc.Research Summary
AI-generated summary of this SEC filing
GBank CEO Edward Nigro Buys 9,200 Shares
What Happened
Edward Michael Nigro, CEO, Executive Chairman and a director of GBank Financial Holdings, Inc. (GBFH), purchased 9,200 shares on 2026-08-04. The weighted-average price reported was $21.51 per share, for an aggregate purchase value of $197,852. This was a purchase transaction (Form 4 code "P"), which investors often view as a more informative signal than routine sales.
Key Details
- Transaction date: 2026-08-04; Form 4 filed 2026-08-05 (not marked late).
- Shares purchased: 9,200 at a reported weighted-average price of $21.51; total ≈ $197,852.
- Price range: purchases occurred at prices between $21.29 and $21.70 (footnote F1); reporting person can provide per-transaction prices on request.
- Post-transaction holdings: not specified in the provided filing.
- Ownership notes: some shares are held by 1990 Sovereign Holdings, LLC and 2000 Universal Holdings, LLC (footnotes F2–F3); Mr. Nigro is a manager of those entities and disclaims beneficial ownership except to the extent of his pecuniary interest.
- Transaction type: "P" = purchase (open market or private purchase).
Context
Purchases by officers can be considered a positive signal, but do not guarantee future performance or reveal motivation. The filing includes standard LLC ownership disclaimers and a weighted-average price disclosure for multiple trades.