McCoy David M. 4/A
Research Summary
AI-generated summary
Ridgepost (RPC) Director David McCoy Buys 70,000 Shares
What Happened
David M. McCoy, a director of Ridgepost Capital, Inc. (RPC), acquired 70,000 shares in open-market purchases on March 23, 2026, at a weighted-average price of $7.37 per share for a total of $515,900. This filing is an amended Form 4 reporting those purchases.
Key Details
- Transaction date: March 23, 2026. Report filed (amended): March 26, 2026.
- Transaction type/code: Purchase (P) — open market/private purchase.
- Shares acquired: 70,000 at a weighted-average price of $7.37; total value ~$515,900.
- Price range (footnote): purchases occurred at prices between $7.275 and $7.42; issuer will provide per-lot breakdown on request (F1).
- Shares owned after transaction: Not specified in the summary provided in your prompt (check the full Form 4 for total beneficial holdings).
- Group disclosure (remarks): McCoy "may be deemed" part of a Section 13(d) group that collectively owns >10% of the company; this Form 4 reports only his personal holdings — other group members are reported separately.
- Filing status: This is an amended filing. Form 4s are typically due within two business days of the transaction; this amendment was filed three days after the trade date (review the filing history for details on whether this corrected an earlier report).
Context
This was a direct purchase by a director (not an option exercise or award). Purchases by insiders can be of interest to investors as a demonstration of personal capital deployed into the company, but they do not by themselves prove future performance. For full context, review the complete Form 4 and any other filings from related group members.