MERRIMAN D JONATHAN 4
Research Summary
AI-generated summary
PodcastOne (PODC) Director D. Jonathan Merriman Buys Stock
What Happened
D. Jonathan Merriman, a director of PodcastOne, reported an open-market purchase of 2,980 shares at $2.35 per share on 2026-03-23, for a total cost of approximately $7,003. This transaction was a straight purchase (code P), meaning the insider acquired stock rather than sold it.
Key Details
- Transaction date and price: 2026-03-23 — 2,980 shares @ $2.35/share (total ≈ $7,003).
- Filing date: Form 4 filed 2026-03-24 reporting the 3/23 transaction — appears timely.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes of note:
- F1 — Some shares are held by the D. Jonathan and Odile Merriman Family Trust; the reporting person 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 the reporting person’s son under the Uniform Transfers to Minors Act; the reporting person is custodian with voting/dispositive power and disclaims beneficial ownership except for pecuniary interest.
Context
The reported purchase is modest (≈$7k) relative to most institutional insider trades, so market impact is likely limited. Footnotes indicate part of the reporting person's broader family/guardian-related holdings, which the filer disclaims beneficial ownership of except for any pecuniary interest.