MERRIMAN D JONATHAN 4
4 · PodcastOne, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
PodcastOne (PODC) Director D. Jonathan Merriman Buys 6,300 Shares
What Happened
D. Jonathan Merriman, a director of PodcastOne, reported a purchase of 6,300 shares on 2026-03-12 at $2.22 per share, for a total of $13,986. The filing is coded as a purchase (P) and described as an open‑market or private purchase. This was an acquisition (adding to holdings) rather than a sale.
Key Details
- Transaction date and price: 2026-03-12 — 6,300 shares at $2.22 each (total $13,986).
- Filing date: Form 4 filed 2026-03-16 (timely; within the two business‑day reporting window).
- Shares owned after transaction: not specified/disclosed in the filing.
- Footnotes:
- F1 — Some shares are held by the D. Jonathan and Odile Merriman Family Trust; Merriman is a trustee with shared voting/dispositive power and disclaims beneficial ownership except for pecuniary interest.
- F2 — Some shares are held in a custodial account for his son under the Uniform Transfers to Minors Act; Merriman is custodian with voting/dispositive power and disclaims beneficial ownership except for pecuniary interest.
- Transaction code: P = Purchase (open‑market or private purchase per filing).
Context
This is a small-dollar insider purchase (about $14k) by a company director. Purchases can be informative to investors because insiders are adding to positions, but the filing does not state motivation. No options were exercised and no gifts or tax‑withholding were involved.
Insider Transaction Report
- Purchase
Common Stock, $0.00001 par value
[F1]2026-03-12$2.22/sh+6,300$13,986→ 289,552 total(indirect: See footnote)
- 5,200(indirect: See footnote)
Common Stock, $0.00001 par value
[F2] - 216,452
Common Stock, $0.00001 par value
Footnotes (2)
- [F1]Represents shares held by the D. Jonathan and Odile Merriman Family Trust (the "Trust"), as the Reporting Person, a trustee of the Trust, holds shared voting and dispositive power over such shares. The Reporting Person disclaims beneficial ownership in such shares held by the Trust, except for his pecuniary interest therein.
- [F2]Represents shares held in a custodial account for the benefit of the Reporting Person's son under the Uniform Transfers to Minors Act, as the Reporting Person, as the custodian of the custodial account, holds voting and dispositive power over such shares. The Reporting Person disclaims beneficial ownership in such shares held by the custodial account, except for his pecuniary interest therein.