Harper Allen C 4
4 · Rocky Mountain Chocolate Factory, Inc. · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
Rocky Mountain Chocolate Factory (RMCF) 10% Owner Harper Allen Sells Shares
What Happened
Harper Allen, reported as a 10% owner of Rocky Mountain Chocolate Factory, sold a total of 54,100 shares in a series of open‑market/private sales between Feb 19 and Mar 5, 2026, for aggregate proceeds of about $140,834. Individual transactions ranged from 430 to 18,715 shares at prices around $2.60 per share.
Key Details
- Transactions (all sales, code S):
- 2026-02-19: 2,000 sh @ $2.62 — $5,238
- 2026-02-20: 7,499 sh @ $2.60 — $19,509
- 2026-02-25: 430 sh @ $2.60 — $1,118
- 2026-02-26: 18,715 sh @ $2.61 — $48,783
- 2026-02-27: 5,241 sh @ $2.60 — $13,627
- 2026-03-04: 11,297 sh @ $2.60 — $29,372
- 2026-03-05: 8,918 sh @ $2.60 — $23,187
- Total sold: 54,100 shares for ≈ $140,834.
- Filing: Form 4 filed on 2026-04-16 reporting transactions dated Feb 19–Mar 5, 2026. This filing was not made within the typical two business days required for Form 4s (i.e., appears late).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: Reporting person disclaims beneficial ownership except to extent of pecuniary interest (F1).
Context
As a 10% owner, Allen is a large shareholder rather than an executive trading signal; multiple small sales over several days are often liquidity or portfolio management moves rather than a clear statement about company prospects. Sales provide less actionable bullish information than purchases. The late filing is worth noting for transparency but does not by itself indicate wrongdoing.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-19$2.62/sh−2,000$5,238→ 998,000 total(indirect: By American Heritage Railways, Inc.) - Sale
Common Stock
[F1]2026-02-20$2.60/sh−7,499$19,509→ 990,501 total(indirect: By American Heritage Railways, Inc.) - Sale
Common Stock
[F1]2026-02-25$2.60/sh−430$1,118→ 990,071 total(indirect: By American Heritage Railways, Inc.) - Sale
Common Stock
[F1]2026-02-26$2.61/sh−18,715$48,783→ 971,356 total(indirect: By American Heritage Railways, Inc.) - Sale
Common Stock
[F1]2026-02-27$2.60/sh−5,241$13,627→ 966,115 total(indirect: By American Heritage Railways, Inc.) - Sale
Common Stock
[F1]2026-03-04$2.60/sh−11,297$29,372→ 954,818 total(indirect: By American Heritage Railways, Inc.) - Sale
Common Stock
[F1]2026-03-05$2.60/sh−8,918$23,187→ 945,900 total(indirect: By American Heritage Railways, Inc.)
Footnotes (1)
- [F1]The reporting person disclaims beneficial ownership in the securities except to the extent of his pecuniary interest, if any, and this report shall not be deemed to be an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.