Ridgepost Capital, Inc.·4

Mar 25, 5:36 PM ET

McCoy David M. 4

Research Summary

AI-generated summary

Updated

Ridgepost Capital (RPC) Director David McCoy Buys 70,000 Shares

What Happened
David M. McCoy, a director of Ridgepost Capital, purchased 70,000 shares of Ridgepost Capital common stock on March 23, 2026. The filing reports a weighted-average purchase price of $7.37 per share for a total cost of approximately $515,900. The shares were acquired in multiple transactions (weighted average price reflects trades ranging from $7.275 to $7.42).

Key Details

  • Transaction date: 2026-03-23 (reported on Form 4 filed 2026-03-25 — timely reporting).
  • Transaction type: Purchase (open-market or private purchases reported as “P”).
  • Shares acquired: 70,000 shares.
  • Price: Weighted average $7.37; trade prices ranged $7.275–$7.42 (see footnote F1).
  • Total value: ~ $515,900.
  • Shares owned after transaction: Not specified in this filing.
  • Notable footnote: F1 notes the weighted-average price covers multiple trades; the issuer or SEC staff can request the per-trade breakdown.
  • Remarks: The filer may be a member of a Section 13(d) group that collectively owns >10% of the company; other group members’ holdings are reported separately.
  • Exhibits: Exhibit 24 (Power of Attorney) attached.

Context
This filing reports an insider purchase, which investors often view as a stronger signal than sales because it indicates the insider chose to buy company stock. The filing is factual and does not state the insider’s motive. The 13(d) remark means McCoy could be part of a larger group with significant ownership; holdings by other group members are not included in this Form 4.

Loading document...